Reminds me of when a guy earned like a million off of cryptocurrency, but the cash was in a foreign account (the exchange, I presume). He couldn't just transfer

Reminds me of when a guy earned like a million off of cryptocurrency, but the cash was in a foreign account (the exchange, I presume). He couldn't just transfer it to his own account because the bank had issues with it. He opened a new account with another bank that had no issue accepting it, and transferred it from there to his main bank which suddenly also had no problem with it lol. I think generally speaking, there's two systems; the one is a scam / self protection system that disallows large transfers but the user can disable it themselves, the other is something that works after the fact that looks for things like money laundering and tax evasion, but these processes run nightly, yearly, or maybe even once a year. I'm half expecting a tax bill for some unreported crypto assets abroad, half because it's only a few hundred worth.