TD Bank Caught in Cryptocurrency Scandal! 💥
- TD Bank has agreed to pay more than $3 billion in fines for improper money laundering monitoring.
- More than $1 billion in transactions are linked to two unknown crypto firms in the UK and Colombia.
- Most of the funds came from a UK crypto exchange and were sent to a Colombian bank offering virtual asset services.
- TD Bank closed its crypto division in June 2023.