Post
Topic
Board Speculation
Re: So, why did Bitstamp suspend fiat withdrawals?
by
Dangolbery
on 08/01/2015, 03:41:42 UTC
Because the only time these exchanges actually realise they have had bitcoins stolen is when their fiat reserves are insufficient and banks bounce peoples withdrawals.

They're then like "umm fuck, our fiat doesn't match our coins" and shut everything down followed by quickly going insolvent.