345.73 (Criminal law—United States); 346.7307 (Commercial law—Consumer protection—United States)

New York Attorney General Letitia James has filed a lawsuit against Early Warning Services, LLC (EWS), the company behind Zelle, alleging that the platform was designed without sufficient safeguards to protect consumers from widespread fraud. The lawsuit, filed on August 13, 2025, claims that Zelle users collectively lost more than $1 billion between 2017 and…