Comment by 0xy

Doesn't explain the lack of SARs, which they are legally obligated to file in that case.

Reuters made the same rudimentary error. Capital One never said that in any filing. They said the opposite, that they have never revealed ANY reason.

You can read the filings yourself, or review the notable lack of SARs in the FinCEN leaks.

Capital One is obligated to file SARs in the event of money laundering. They did not do so.