oh, did not know it was a hotspot for crypto - as in shitcoin ? and had no idea about the peter shiff saga but a quick search showed that he had a bank there suspected of money laundering? dang
"On June 30, 2022, the Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) announced they had suspended the operations of Schiff's Puerto Rico-based Euro Pacific International Bank, which was suspected of having facilitated money laundering and tax evasion."
gov can always find "laundering" once they decide n choose to find so. bitcoin/shitcoin/anything n anycountry
when they choose close eyes then do that do - dig more e.g. "National Association of Realtors" kyc urself
I believe in Peter Schiff's case he created a full reserve Bank backed by gold. However I could be wrong on this; it's proving to be tricky to get to the truth of that story. I do know that he has two customers who committed suicide because they could not access their funds.