5dimes

Despite its popularity, it faced criticism for poor customer support and strict Know Your Customer (KYC) verification processes. It has been blacklisted by some review sites due to reports of disappearing deposits and unresponsive support.

In September 2020, 5Dimes reached a $46.8 million settlement with the U.S. Department of Justice to resolve a federal money-laundering investigation. 5dimes

Customers were given a window until late September 2020 to request their balances; unclaimed funds were transferred to a third-party administrator, Epiq , and eventually forfeited to the government if not claimed by September 30, 2021. Despite its popularity, it faced criticism for poor