JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures. Investors on Tuesday filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan of ignoring suspicious transactions and allowing Goliath to use its infrastructure to collect investor funds. The lawsuit notes that despite JPMorgan CEO Jamie Dimon’s repeated criticism of Bitcoin, the bank allegedly failed to prevent crypto scammers from carrying out fraudulent wire transactions. “Chase, by virtue of its Know Your Customer actually knew that ... (full story)