Is it that easy? Simply … - select one of those three banks - perform KYC with the bank you selected - then freely conduct as much illicit fiat activity as you want without consequence because those banks don’t follow AML rules Is bank selection all that it takes for 99.9% of fiat criminal to circumvent AML? Sounds too simple to be true.

Basically, the process of shedding KYC for fiat transactions within those banks must be a very well known process in order for 99.9% of all criminal financial activity to avoid capture, fines, or prosecution. We well understand the tools and process of shedding KYC in Bitcoin, but have very little understanding of how those three banks do it. Do you know how? Is it common knowledge? LLMs don’t appear to know or are configured to avoid revealing the details of how (unlike the level of details they share about how CoinJoin works).