Golden Finance reported that the Financial Crimes Enforcement Network (FinCEN) accused banking giant TD Bank of failing to report suspicious activities from an anonymous customer group engaged in international cryptocurrency transactions. FinCEN said that TDBank processed more than 2,000 transactions from a company called "Customer Group C" (allegedly engaged in sales financing and real estate industries) in nine months. Customer Group C falsely reported its expected international wire transfer activities to TD Bank, saying that its annual sales would not exceed $1 million. In fact, Customer Group C allegedly conducted more than $1 billion in transactions through TD Bank. According to the U.S. Department of Justice, on October 10, TD Bank was fined $3.09 billion for violating the (Bank Secrecy Act) and money laundering, and was placed on four years of monitoring to punish the same violations. The $3.09 billion was called "the largest fine to date under the (Bank Secrecy Act)."