Security· ★★· bearish·

Ex-Georgia bank employee charged with moving $931,500 to Coinbase

  • —Charges include bank fraud, access device fraud and bribery
  • —Data of at least six Ameris Bank customers used from September to November 2021
  • —Funds were transferred to Coinbase accounts run by accomplices
  • —Henry allegedly received over $1,000; the FBI is leading the investigation
Why it matters: The case highlights how bank insiders are used to funnel funds into crypto, adding pressure on exchange KYC controls.
Source: TokenPost