This is nothing more than a trope to absolve government of its responsibility for worsening people's lives. The government imposes massive fines on huge banks, when they are found to have inadvertently banked criminals. And by criminals I don't mean people who were convicted of a crime. Just people a regulatory agency alleged — at some point in time after the bank serviced them — are criminals.

So what banks do is become increasingly paranoid about who they will they bank, meaning anyone who falls into the "high risk" category, is extrajudicially punished through systemically high risks of being debanked. In this way, the state can punish certain groups without due process.