...Just saying it before the FUDsters say it. 
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A an unchartered bank run by a d00d from Cyprus, funded by selling unregistered shares on an unlicenced Canadian exchange that's just been "sold" to a Panamanian shelf co? What could possibly go wrong?
Teh FUDsters ain't got nothin'.
Unlike those awesome chartered banks which never go up in a puff of smoke with everyone's money...
I live in the states. FDIC. Trust my bank just a smidgen more than some d00d from Cyprus - the home of secure banking
But you go right ahead and invest.
*Danny's also buying into a plain old fiat bank, so if you're worried about real banks going tits up, you've bet on the wrong horse
