Bank of America just settled for $72.5M with Epstein victims.
Third major bank to cut a deal publicly. JPM and Deutsche already paid out.
These legacy institutions stayed silent while processing millions in suspicious transactions. Now they're writing checks to make it go away.
This is why we need transparent, programmable rails. Traditional finance operates in shadows until the lawsuits hit.
Banks will always protect their upside and socialize the downside. DeFi fixes this.
Third major bank to cut a deal publicly. JPM and Deutsche already paid out.
These legacy institutions stayed silent while processing millions in suspicious transactions. Now they're writing checks to make it go away.
This is why we need transparent, programmable rails. Traditional finance operates in shadows until the lawsuits hit.
Banks will always protect their upside and socialize the downside. DeFi fixes this.