TD Bank Fined $3.1B for AML Violations Amid Failure to Monitor Suspicious Crypto Transactions

TD Bank, a major American financial institution, has been slapped with a substantial fine of $3.1 billion for violations of the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations in the United States. According to The Block, these violations stem from the bank’s failure to adequately monitor and report over 2,000 suspicious transactions involving

Source: Bitcoin World