<ul><li>TD Bank's U.S. wing has agreed to pay over $3 billion in penalties for failing to monitor money laundering activities.</li><li>The bank facilitated over $1 billion in transfers linked to two crypto exchanges based in the UK and Colombia.</li><li>The transactions were conducted through a customer known as 'Customer Group C,' primarily involved in high-risk crypto trading.</li><li>TD Bank's lack of oversight regarding the transfers, which included wire transfers to risky regions, led to the hefty penalty.</li></ul>

TD Bank Fined for Crypto Ties with UK and Colombia

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