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Monday, March 17, 2025

Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance

One of President Donald Trump's Day 1 executive orders designated "certain international cartels" as "foreign terrorist organizations," a classification that according to the State Department "play[s] a critical role in our fight against terrorism and [is] an effective means of curtailing support for terrorist activities and pressuring groups to get out of the terrorism business."

10 comments:

  1. That $10k number was created a long time ago, adjusted for inflation, its over $260k today, so no cash transaction under a quarter million dollars should trigger anything.

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  2. Bad now, wait till digital currency is the only game in town. The European Central Bank assholes just announced full steam ahead on it.

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    1. We won't have it until the Fed has reached the end of their rural broadband project. Not sure when the end is scheduled to occur, but it is a real project of theirs.

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  3. According to the article, it's not $200+ ATM withdrawals that trigger the surveillance, but money transfers like Western Union, MoneyGram, etc. I'm not a fan of government surveillance of any sort, but the post title seems to present an inaccurate picture of the situation reported..

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    Replies
    1. they are technically also subject to the CTR threshold—meaning a $200 cash withdrawal in one of seven counties could soon make one subject to a federal financial report.

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  4. Total Bullshit. Trump is no different than the rest. Freedom for American citizens is just a nice thought.

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  5. The argument for keeping your money outside their system gets easier by the day.

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  6. Nor should taking your money out of your bank account.

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  7. The CTA / FinCen is why I terminated my business. I literally learned about it from a conspiracy -- AHEM -- factual news website because of how poorly it was announced.

    - Arc

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  8. $200 today, $300 tomorrow, $200 again the next day... that's not a money laundering pattern, that's a drug habit pattern. I know because when The Tenant From Hell abandoned her filthy digs, she left behind bank statements with that kind of history.

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