The fact that a customer is accusing JC of fraud and embezzlement of $2.8 million dollars, who would do business with JC now until this lawsuit is resolved?
That scenario is far more unlikely than if CANN had some deposits that couldn't be accounted for. PBC does transaction-level auditing. If CANN tried to deposit cash that was earned prior to their opening the account (legacy cash), or the source is not known, it would have triggered an AML investigation and a potential freeze. PBC has to report any activity that looks abnormal, and the scrutiny is a big part of why they get to charge such large fees.
PBC, acting as an after the fact third party in the MRB relationship, is not really on the radar from the feds as far as MRB transactions go - funds from PBC's account to their FDIC bank accts. They pretty much allow these banking transactions to occur, as long as there's a solid paper trail.
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