SARs help track financial crimes like money laundering at banks, with severe penalties if not reported. Details in a SAR include who, what, when, where, why, and how regarding the suspicious activity.

More than 70,000 crypto-related SARs had been filed with FinCEN since 2013, director Kenneth Blanco said Wednesday. By Paddy Baker. Updated Sep 14, 2021, 8:41 a.m. Published May 13, 2020, 5:01 p.m.