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Bangladesh's Central Bank Accuses NY Federal Reserve of Losing $100 Million

From news.vice.com

The central bank of Bangladesh is locked in a he-said-she-said dispute with a branch of the central bank of the United States over $100 million that's gone missing. Bangladesh Bank officials are accusing the Federal Reserve Bank of New York of failing to stop hackers from absconding last month with $100 million that it had deposited with the bank, which holds US Treasury bonds, gold bullion, and other assets for roughly 250 foreign governments and institutions. "The Fed had the responsibility to keep the money safe," Shamim Ahamad, press minister at the Bangladesh Embassy in Washington, told VICE News. "We are ... (full story)

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