Crypto Scandal: FinCEN Slams US Banking Giant with $3B Penalty—What Went Wrong?
Source: Bitcoinist TD Bank, one of the largest financial institutions in the US, has come under intense crypto scrutiny after being hit with the largest penalty ever imposed under the Bank Secrecy Act (BSA). The $3.09 billion fine stems from allegations of failing to report suspicious activities, including significant cryptocurrency-related transactions. The US Department of…