According to ChainCatcher and Bitcoin.com, the Massachusetts Appeals Court has confirmed in an unpublished ruling that the lawsuit filed by plaintiff Lourenco Garcia against Santander Bank has been dismissed. The plaintiff reportedly attempted to hold Santander Bank responsible for losses exceeding $750,000 in a cryptocurrency scam associated with a fraudulent crypto platform called Coinegg.
The Massachusetts Appeals Court determined that while Santander Bank could refuse or block any or all transactions, it was not obligated to do so. Additionally, the plaintiff himself authorized each transaction and did not find that the bank violated any contract terms or legal obligations.
