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SHOCKING BETRAYAL: America’s Oldest Banks Exposed for Secret Underground Cryptocurrency Empires

A  illustration of a giant dollar bill with its face ripped off, revealing an underground network of cryptic symbols and codes underneath. A massive TD Bank vault door is cracked open, spewing out stacks of cash as three shadowy figures escape into the darkness.

Crypto’s dirty little secret: big banks are just as bad (if not worse) at crypto.

Source: bitcoin.com

TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the first to admit to conspiracy to commit money laundering. The Justice Department emphasized the bank’s compliance failures, […]

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