Which of the two hypothetical scenarios is more likely?
1. Wells Fargo, one of the biggest banks in the world, goes bankrupt
2. Bank Spółdzielczy, a tiny Bank from Poland, goes bankrupt
I'd put my bet on the 1st.
To say that it doesn´t matter where a Bitcoin exchange has its bank account is a pretty questionable claim.
Bank Spółdzielczy had total assets of 13M$ in a 2011 report...
They are being used as a processing point not holding client funds. Have you forgotten already? You guys just can't stop this nonsense, can you?