CZ Criticizes Lack of Charges Against Bank of America Executives
- —FinCEN fined Bank of America $1.2 billion, OCC imposed a record $750 million penalty
- —The bank failed to detect and report over $5 billion in suspicious transactions
- —CZ served four months in prison; Binance paid $4.3 billion in 2023
- —No criminal charges have been filed against any bank executive
Why it matters: The case fuels the debate over whether US regulators treat crypto leaders more harshly than big-bank executives.
Source: Cointribune EN