The Feds can shove it up their butt on this and pretty much every issue. I'm sick to death of any damn thing they want to be a crime, if only they trot out some moldy old, obscure statute someplace.
These parasites need to be fired.
The laws against "structuring" aren't old, they are a War on Drugs innovation begun in the 1980s that become more and more complicated year by year.
Monitoring your handling of cash to catch you in some other crime is certainly a Fourth Amendment violation, and it does create an environment where they can make "any damn thing they want to be a crime"-but it's new, not old, and we can change it if we want to.
"Did you really think that we want those laws to be observed?" said Dr. Ferris. "We want them broken....There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that's the system, Mr. Rearden, that's the game, and once you understand it, you'll be much easier to deal with." --
Ayn Rand, Atlas Shrugged, Ch. III, "White Blackmail"
Exactly and further, the law was enacted to thwart the "laundering" of illegally obtained (Drug Trading) funds. I have NO doubt that Rush actually earned this money and paid taxes on it. It is not laundering when the source of the funds are accounted for. The only difference between transactions of cash exceeding $10,000 and not exceeding $10,000 is the reporting requirement. Neither is laundering unless the funds were illegally obtained.
No banking irregularity here.