CZ Takes Aim at Bank of America Over $1.21 Billion AML Penalty
Binance founder Changpeng Zhao (CZ) took a swipe at Bank of America on Wednesday after the banking giant was slapped with more than $1.21 billion in federal penalties for anti-money laundering (AML) and sanctions violations. Regulators found the bank failed to timely report more than $5 billion in suspicious transactions, yet no executives faced criminal […]
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Binance founder Changpeng Zhao (CZ) took a swipe at Bank of America on Wednesday after the banking giant was slapped with more than $1.21 billion in federal penalties for anti-money laundering (AML) and sanctions violations. Regulators found the bank failed to timely report more than $5 billion in suspicious transactions, yet no executives faced criminal […]
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