@TJmonkey3@helloroger5@APompliano @BankingSins Cheers for bringing that up. I've forgotten some cases they bring back to the spotlight. Well gotta move on from the dinozaurs and let them die in peace
@truecrypto Thanks for bringing all that insight bro. Been priceless to me many times. Any thoughts on @SynapseNetwork_ they are heading off with their cross-chain multi solutions big time and been wondering if i should go for it
1/2 #Bankingsinshistory 2012. HSBC pays $1.9 billion fine for serving as a middleman for Mexican drug cartels with no indictment! Lack of adequate control processes in anti-money laundering systems. Court appoints a watchdog and bank serves probation. #BeTheDeFiance
2/2 Investigation shows that HSBC continues to provide banking services to alleged criminals, Ponzi schemers, shell companies tied to looted government funds and financial go-betweens for drug traffickers. Insanity! #BeTheDefiance
If u think u know what grave punishment is think again. In 2017 Nguyen Xuan Son, former general director of Ocean Bank in Vietnam was given DEATH SENTENCE for embezzlement, abuse of power and economic mismanagement! #BankingSins#FinancialRevolution#BeTheDeFiance
JPMorgan Chase bank maintained a weak management and control framework for its fiduciary activities and had an insufficient audit programme for, and inadequate internal cotrols over, those activities. $250m fine. #BeTheDeFiance Join Your #FinancialRevolution
Did u know: In early February 2020 Indian Punjab National Bank admitted that their employees were siphoning millions of dollars over the past seven years and stunned the financial sector with the biggest loan scandal in the history of the India! #FinancialRevolution is due
Bank of New York Mellon for more than a decade consistently charged its custodial customers hidden and excessive mark-ups on exchange rates. Deception of the biggest customers! It took a Wall Street insider to expose the scheme! #BeTheDeFiance
Scotiabank with criminal allegations in connection with its role in what authorities called a massive price-manipulation scheme. Thousands of manipulative orders for precious metals. False statements and incomplete disclosures. #BeTheDeFiance Join Your #FinancialRevolution
@MuroCrypto You know who is going to the moon as well? People that keep up to date with bridge solutions between traditional and defi markets. Check out @SynapseNetwork_#FinancialRevolution