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?
That polish bank has not 13mln$ all group has 13 mln,tiny not commercial bank two ladies are workng there.Account opened by one strange french,same strange french guy opened Panama offshore account for CryptoCapitalCorp,guys it is criminal Biggest Ponzi in history ML machine,truth is that exchanges are involved Regulators know everything,his lack of action is the biggest scandal