Overview

• CIBanco voluntarily dismissed its case without prejudice in the U.S. District Court for the District of Columbia under docket 1:25-cv-02705-TNM.
• The notice cites Federal Rule of Civil Procedure 41 and was filed by White & Case on instructions from interim administrator Álvarez & Marsal México, S.C.
• FinCEN’s Aug. 19 amendment extended the effective date of prohibitions on certain transfers involving CIBanco to Oct. 20, 2025.
• The bank reserved the right to refile after previously asserting the FinCEN order was unlawful and posed insolvency risks, threatened more than $40 billion in client funds, and jeopardized over 3,000 jobs.
• FinCEN alleges CIBanco, Intercam, and Vector facilitated at least $46.591 million in illicit proceeds, with U.S. access restrictions still slated to take effect in October unless further action occurs.