Banking giant JPMorgan Chase is reportedly denying a customer’s massive reimbursement claim.

Single mother Marisel Ballard says she lost $80,000 from her JPMorgan business account after thieves hacked into her social media setup, reports FOX San Antonio.

Ballard, who owns the Trustworthy Cleaning Service in Texas, says she linked her bank account to Facebook to run ads for her cleaning and maid service company.

She says the thieves cracked her Facebook account and gained access to her payment information, making unauthorized withdrawals totaling nearly $80,000 over the course of a few days.

Ballard says neither Facebook nor JPMorgan issued a warning about the suspicious activity on her accounts.

When the money was drained, Ballard thought JPMorgan would cover her losses.

But after months of waiting, Ballard says JPMorgan told her that she’s not getting any of her money back.

“We denied our customer’s claims because she was not able to provide us with any evidence these transactions were unauthorized.” 

Ballard says she feels Chase let her down.

“Yes a lot, thinking you’ve been a loyal client for more than 15 years, like that no, it was not fair.”

While waiting for JPMorgan to issue a final decision on her claim, Ballard says she had to take out a loan to cover her payroll. Trustworthy Cleaning Service has about 30 employees.

FOX asked Facebook for a comment on Ballard’s case, but the social media giant has not yet responded.

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The UK government was founded by the blockchain analytics platform that held billions of dollars in Bitcoin in the past few years.

Arkham Intelligence, on the on-chain analytics data on Dec. 06, has found the wallet that is connected to the UK government that holds 61.245k Bitcoin (BTC) worth $6 billion. This wallet has also gained profit from the Bitcoin price movement, with more than $28 million in unrealised profit.

It is stated by Arkham that the Bitcoin owned by the UK government is a seized asset from Zhimin Qian, a fraudster with a multi-billion pound scam.

“The UK government now holds $6 billion USD of Bitcoin. They have been holding this for 3.5 Years after its seizure from Zhimin Qian in 2021,”

Arkham stated on X post

Although the last time this wallet was actively used was 3 months ago, the seized Bitcoin that they received only happened 3 years ago. The first time, they received 2,400 Bitcoins worth $93 million, and they got the same amount at a different transaction. In the last one, they received 19.200 Bitcoin worth $750 million.

UK government accused Zhimin Qian

Zhimin Qian, a Chinese nationality, defrauded 130,000 Chinese investors of $5.6 billion between 2014 and 2017. She was enlisted by Jian Wen, who had already been sentenced to 6 years in prison due to the money laundering plot.

Qian will face the trial in September next year at Southwark Crown Court, where a co-defendant, Seng Hok Ling, has also pleaded not guilty to related charges.

Celcius, a global crypto and Bitcoin mining company has faced a fraud case since last year. Now, the founder pleaded guilty and agreed to be jailed for 30 years.

Alex Mashinsky, the founder and ex-CEO of Celcius Network, is set to plead guilty to fraud charges, Reuters reported on Dec. 03. The federal prosecutor accused Mashinsky of pursuing customers to invest in them and unnaturally inflating the value of the company on the crypto token.

In order to deal with prosecutors, Mashinsky agreed to be jailed in prison for 30 years or less. Therefore, his sentence is set to be announced by the court later next year on Apr. 08.

“I know what I did was wrong, and I want to try to do whatever I can to make it right,” he said.

Previously, he was counted for seven charges, including fraud, conspiracy, and market manipulation since last year. In court, he stated that he pleaded guilty to two out of those seven charges, which were commodity fraud and manipulating the Celcius token (CEL) price back in 2021.

Celcius price movement

Since the token was released, the CEL price has seen a meteoric increase of 14,700% from $0.05 to $7.4 in 2021. The surged price was only recorded in that year; after being accused, CEL saw an outflow and made the price go back to under $1 until Mashinsky’s arrest in July. 13; the token price was only $0.1.

Another development of the cases, Ben Armstrong, known as BitBoy Crypto, believes that Canadian businessman Kevin O’Leary was a key player in Celcius’s bankruptcy, as well as the FTX.