The irony writes itself. BofA: Bitcoin helps criminals hide illegal money. Also BofA: fails to report $5bn in suspicious activity, $1bn of which was national security risk. Banks launder $2 TRILLION a year and get a fine that's 3 days profit. Bitcoiners move $20 and get KYC/AML, OFAC, travel rule, prison. $1.2bn fine on a $3T bank is 0.04% - like fining me $40 for losing $100k. This is why we Bitcoin.
The irony writes itself.
BofA: Bitcoin helps criminals hide illegal money.
Also BofA: fails to report $5bn in suspicious activity, $1bn of which was national security risk.
Banks launder $2 TRILLION a year and get a fine that's 3 days profit. Bitcoiners move $20 and get KYC/AML, OFAC, travel rule, prison.
$1.2bn fine on a $3T bank is 0.04% - like fining me $40 for losing $100k.
This is why we Bitcoin.