Fraud case

JPMorgan Chase & Co. is trying to avoid a staggering $115 million legal bill linked to two convicted fraudsters who deceived the bank, causing a loss of $175 million. In a court filing on Friday, JPMorgan contested a prior ruling that required it to cover the legal costs of its former business...

JPMorgan Chase & Co. is trying to avoid a staggering $115 million legal bill linked to two convicted fraudsters who deceived the bank, causing a loss of $175 million. In a court filing on Friday, JPMorgan contested a prior ruling that required it to cover the legal costs of its former business...

Charlie Javice, the founder of the financial advisory startup Frank, has admitted to defrauding banking giant JPMorgan Chase (NYSE:JPM) to the tune of $175 million. In a letter to US District Judge Alvin K. Hellerstein, Javice took full responsibility for her actions and expressed deep regret. ...

The U.S. Department of Justice (DOJ) has opened a criminal investigation into the alleged hack that resulted in approximately $372 million being stolen from FTX-controlled wallets on the evening that the Bahamas-based exchange declared bankruptcy. Massive cryptocurrency outflows began on Nov....