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Texas-Sized Scandal! You Won’t Believe the Shocking Reason Why One Major Bank Is Being Dragged Into Court by Regulators!

A  of a giant Texas longhorn wearing a cowboy hat being dragged away by two stern-looking regulators, one holding a clipboard and the other grasping a large 'Cease and Desist' sign in their hand.

Crypto’s Dirty Little Secret: When Banks Get Caught Out.

Source: bitcoin.com

United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance oversight. United Texas Bank, based in Dallas, Texas, faces regulatory action after an examination conducted in May 2023 revealed critical deficiencies in its risk […]

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