币界网报道：Citibank faces a $20 million lawsuit for allegedly failing to prevent a crypto fraud scheme that resulted in significant investor losses. The legal action, filed in a New York federal court, accuses the banking giant of negligence in monitoring suspicious transactions linked to the fraudulent activities. Plaintiffs claim Citibank ignored red flags and allowed the transfer of funds to offshore accounts controlled by the fraudsters, who promised high returns through a fake cryptocurrency investment platform. The scheme reportedly targeted retail investors, many of whom lost their life savings. Citibank has denied the allegations, stating it adheres to strict anti-money laundering protocols. The case highlights growing scrutiny over banks' roles in facilitating crypto-related fraud and raises questions about financial institutions' responsibility in safeguarding customer assets amid rising digital asset scams.