[maverick-iceman]

Ok so basically the accusation is that they said to the bank they were consultants/service company and did not disclose crypto

Back in the days banks would have meant they were in the cryptography sector or something.

Also why is this US business?

The US should be careful not to weaponize the USD, SWIFT DTCC or the correspondent banks network.

The world entrusted the US with said institutions (as well as the UN, World Bank, IMF) because the US never weaponized them, and never went after thought crimes.

The US can't stand Tether, more specifically it can't stand Crypto....so it is trying the same thing which pulled off with Microsoft in 2000 and with Standard Oil back in the days...only this time the population won't be onboard with it because there is no richer than god man in the high castle to point at .