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Reuters Exclusive: 'NY Fed First Rejected Cyber-Heist Transfers, Then Moved $81 Million'
Monday, June 6, 2016 - 9:51am | 282Read More...While the Federal Reserve Bank of New York initially rejected 35 fraudulent funds transfer requests related to a Bangladesh Bank account, it then approved four of the fraudulent requests, resulting in the wipeout of $81 million, according to Reuters. The New York Fed's decision to approve a handful...


