According to Foresight News, citing Bitcoin.com, the Massachusetts Court of Appeals confirmed in an unpublished decision to dismiss the lawsuit filed by Lourenco Garcia against Santander Bank, rejecting his request to recover $750,000 lost in a crypto scam. Previously, between December 13, 2021, and January 4, 2022, Lourenco Garcia made two online card transactions through Crypto.com and seven wire transfers at Santander Bank branches, totaling $751,500. These funds were transferred through an account at Metropolitan Commercial Bank in New York, used to purchase cryptocurrencies and ultimately sent to Coinegg.
Massachusetts Appeals Court Rules Santander Not Liable for $750,000 in Customer Crypto Losses
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