Odaily Planet Daily News: Michael Zidell, a victim of a cryptocurrency "pig killing" scam, sued Citibank in Manhattan Federal Court, accusing the bank of ignoring suspicious transaction warnings, resulting in him being defrauded of $20 million. The complaint shows that Zidell transferred money to multiple bank accounts controlled by the scammers through 43 transfers, of which nearly $4 million was transferred to Citibank's Guju Inc. company account. This "pig killing" scam began in 2023. The scammer disguised himself as a businessman "Carolyn Parker" and induced Zidell to invest in NFT through Facebook. The complaint stated that Citibank failed to investigate the frequent abnormal transfers of large integers, violating its anti-money laundering monitoring obligations. When Zidell discovered that the trading platform called OpenrarityPro was suddenly closed, the funds could no longer be recovered. (Cointelegraph)