> Money laundering in traditional banking?!?! I thought that only happened in cryptocurrency! From my reading there was no evidence of any money laundering hav

> Money laundering in traditional banking?!?! I thought that only happened in cryptocurrency! From my reading there was no evidence of any money laundering having taken place. But yes money laundering has habitually happened in the traditional banking system. Personally I think the banks get a lot more flack than is warranted. There have been some really obvious cases but criminals are generally are usually one step ahead of any measures prevention measures. And as a retail client provided I'm not losing my money I don't mind what other clients they have on their books. If regulators do than they're free to punish any offending banks as they see fit.