Banks are in on it!

Once again it is proven that not crypto, not cash, but bank accounts are the big money laundering machines. The Fincen files are now the newest scandal in which once again the banksparen proven to be failing at the KYC standards. 2000 Billion Euro is being transferred to and from tax havens without questions asked. Even a single transaction of 500 million to the Virgin Islands didn’t raise any eyebrows at the banks.

After the Panama papers, Luxleaks, ... this once again shows that there is a dubbel standard. One for small money and one for big money... Scandalous, but once again nothing will change.

Sincerely,

Pele23