Re:Mt. Gox Dwolla account frozen by DHS
by patrickdavey on Tuesday May 14, 2013 @10:55PM
(#5709902)
Exactly... they made more cash by laundering and then paying a fine. Presumably banks will keep on doing this until there is a real deterrent (like having the entire operation shutdown by DHS)
That 2BN fine was leveraged for a combined failure to monitor more than $670bn in wire transfers and $9.4bn in dollar purchases in Mexico. You can bet yer britches they made more than 2bn off of all the shadiness -- and when a fine is less than the profit of the act being fined, the act will not cease.