Bank Secrecy Act

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X @Wu Blockchain
Wu Blockchain· 2025-07-26 13:44
CZ: My Cellmate Was a Double MurdererVideo source: @APompliano ’s podcastCZ was accused of failing to establish an effective anti-money laundering compliance system, resulting in Binance being fined over $4.3 billion. He was sentenced to four months in prison for violating the U.S. Bank Secrecy Act (BSA).In an interview on Anthony Pompliano's podcast, Zhao Changpeng (CZ) shared details of his prison experience, revealing that his first cellmate was a double murderer who had served 18 years and was downgrade ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-23 12:16
RT Frank Corva (@frankcorva)I was honored to have @Rep_Davidson / @WarrenDavidson as a guest for ep. 2 of Bitcoin Politics.We discussed:✅The Bank Secrecy Act✅How CLARITY fills gaps in GENIUS✅The Tornado Cash and Samourai Wallet cases✅What Bitcoin fixes✅The right to financial privacyEnjoy! https://t.co/4vsSi182hx ...
X @mert | helius.dev
mert | helius.dev· 2025-06-25 16:09
Regulatory Concerns - The Bank Secrecy Act, a Nixon-era law, is outdated for the modern digital age [1] - Current indiscriminate financial surveillance conflicts with the Fourth Amendment in the digital age [1] Data Privacy - Financial data is highly sensitive personal information [1] - Nearly every financial transaction is trackable without a warrant [1]