They are being used left and right. Want to penalize a European bank? Pull some some fine in the $x00 millions out of thin air. The way the laws are structured,

They are being used left and right. Want to penalize a European bank? Pull some some fine in the $x00 millions out of thin air. The way the laws are structured, it's almost guaranteed that they broke some law somehow. Don't like this dude/girl? Ban them from banking for no reason because your ToS allows you to and make it hell for them to recover their money. Someone did it not too far ago in Canada.