L0laL33tz on Nostr: GM, the OCC has issued an enforcement action against Wells Fargo Bank for AML ...
GM, the OCC has issued an enforcement action against Wells Fargo Bank for AML violations – no fines imposed.
When banks fail to implement efficient AML programs, they get a slap on the wrist – but when developers fail to implement efficient AML programs, they get charged as criminals. Let this be your reminder that there's one set of rules for them, and another set of rules for us.
Published at
2024-09-14 16:30:03Event JSON
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"content": "GM, the OCC has issued an enforcement action against Wells Fargo Bank for AML violations – no fines imposed.\n\nWhen banks fail to implement efficient AML programs, they get a slap on the wrist – but when developers fail to implement efficient AML programs, they get charged as criminals. Let this be your reminder that there's one set of rules for them, and another set of rules for us.\n\nhttps://m.primal.net/Kprf.png ",
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