They closed my accounts, which, is something that they can do in the terms and conditions that you agree to when you sign up for an account. They did not disclose to me where the money in my checking account went to, because, according to them, they did not have to.
I realize that 40K isn't a lot to some folks on here, but, it was the money that I had set aside to go and do a fun project after COVID-19 had subsided (here we are, two years later): if the bank does something with your money that it doesn't have to a.) disclose what they did with it, and b.) be judge, jury, and executioner with it, I'm not sure a lot of folks would really appreciate that.
In the end, I was out 40K-ish, a few hours of my time, and a reply from the CFPB that didn't really solve my issue.
But what happened?? The suspense!