Evolve Bank Freed From Fintech Yotta's Fraud Suit, For Now

By Emilie Ruscoe · February 20, 2026, 10:24 PM EST

A San Francisco federal judge has dismissed Yotta Technology's lawsuit accusing Evolve Bank & Trust of operating a Ponzi scheme on the grounds that it can't proceed in federal court without...

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Case Information

Case Title

Yotta Technologies Inc. v. Evolve Bancorp, Inc. et al

Case Number

3:24-cv-06456

Court

California Northern

Nature of Suit

Other Fraud

Date Filed

September 13, 2024