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Nalezeno "M1 Finance": 11401

Fat Fingers: Citigroup Mistakenly Deposits $81 Trillion to Customer


$81 trillion was erroneously credited by Citigroup, as the customer was only meant to receive $280. The payment bypassed all Citigroup controls and had to be reversed several hours after its execution, which the bank refers to as a “near miss.” Citigroup Payment Fumble: Erroneous...

House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win


A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden...

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