Re: [ANN] CryptoAve | A Revolution in Crypto Exchange

The servers being in Panama is for anonymity (check their laws). The important thing is they are not US hosted. MtGox and others used US based payment processors, such as Dwolla; had servers based in the US; or were directly involved in bank/wire transfers. All of which this exchange won't do.

This is only an example, but say https://perfectmoney.com and http://payza.com are two of the processors. They take care of the deposit through wire transfer, western union, or any other method available. You'd use that to fund your CryptoAve USD balance. So a middle man always performs the actual financial transactions through the banking system.

Located in Panama sounds good to me.

"Overall opening a corporation in Panama is a good idea because of the flexibility and privacy it offers. People in Panama are happy to keep your information secret and even stay out of your information."

http://www.offshorelegal.org/offshore-corporations/panama-offshore-corporations-incorporation/staying-anonymous-in-panama.html

Oh yeah and to top it off a damn good rock tune written about it too Cheesy

https://www.youtube.com/watch?v=w-NshzYK9y0

I never understood what guarantees someone has that his assets will be secured by
opening a corporation (company) in Panama or similar country.

I mean if I would like to open a company there who do I have to trust?
Do I need to go there to do I it personally or how is this done?
Internet if full of companies that offers offshore company setups packages
so how can I know that this are not scams.

Maybe they can even open a company with a bank account there but when the money
starts accumulating on the account what is the guarantee that it won't suddenly disappear?

Funny thing is - your pension pot can disappear just as easy, nothing is guaranteed in our world anymore