What was the other bank?
Topic: Bitspend.net funds seized and service closed (Read 666 times)
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Chase bank and another bank, have both decided that we as a Bitcoin based business are "Too High Risk" of clients, and have frozen/shut down our accounts. We were NOT given notice, and we were simply told "your funds will be sent to you by check within 30 days". This is not something we were ever warned about, given notice of, or even received the courtesy of a phone call from the bank beforehand.
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Oh hi we are new firm of running Bitcoin-fiat interface services without the slightest clue as to how stuff works or even a cursory read through the fiat documentation. Please take us seriously! We are a business! Entrepreneurs! Change the world! Rawr!
Funny shit.
More banks do this, more the ones not doing it will profit not doing it.
http://www.reddit.com/r/BitSpend/comments/1go95b/updatenews_why_we_have_been_slow_and_taking
This is becoming increasingly annoying!
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Chase bank and another bank, have both decided that we as a Bitcoin based business are "Too High Risk" of clients, and have frozen/shut down our accounts. We were NOT given notice, and we were simply told "your funds will be sent to you by check within 30 days". This is not something we were ever warned about, given notice of, or even received the courtesy of a phone call from the bank beforehand.
This is becoming increasingly annoying!
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