True, but under federal laws, post 9/11, anything over $10k has to be declared and where it came from. No way you can tell the fed’s that you won a lawsuit, the lottery, or got it from your dead uncle. He’s going to have to say where it came from. And if it came from some bogus LLC, or the like, that is no longer in existence, or a blind trust, something like that, he’s going go have to explain some stuff.
Maybe someone more knowledgeable can chime in, but until he says where it came from and that party backs him up, it’s like he’s money laundering.
All from the Post 9/11 banking rules to prevent the funding of terrorism.
Yeah, but he’s probably explaining it to some deep state functionary Lois Learner hire. No problem there.