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Re:A Chinese American gangster transformed money laundering ... by from on Saturday October 15, 2022 @02:43PM (#33217419)
There was a bill to raise it to $30k and reform various other parts of the Bank Secrecy Act that would have likely passed congress but then the Coronavirus hit and derailed the whole thing. Now with this whole Russia-Ukraine thing any effort to sensibly update reporting thresholds will probably never happen.

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