Bank of America has sent a massive warning to its customers and dropped a bombshell for 2024. The bank has announced that it will close millions of accounts, freeze withdrawals, and raise fees starting from January 1, 2024. However, many customers and experts are outraged and alarmed by this announcement and question its validity and legality. They also argue that this move will hurt the economy and society by causing a slowdown, a disruption, and a crisis.