Post
Topic
Board Exchanges
Re: Mistertango fined 245 000 euros for non compliance with anti money laundering
by
audaciousbeing
on 03/11/2019, 13:33:35 UTC
https://www.lb.lt/en/news/mistertango-uab-fined-eu245-thousand-for-non-compliance-with-aml-requirements

Read on another forum that company accounts cannot send or receive money at the moment.

How about personal accounts? I have an account with them since 2018 and I start to worry. Not many crypto related services offering bank options these days.

When there are regulations, its in the best interest of the company to comply because without that, there will be consequences that will not augur well for the business which this is one of those. The fine is even the smallest of what they worry about but the public image because the moment one is fined for noncompliance, it means they are probably guilty of it in addition to the barring of transactions that comes with it. @Op unfortunately, there is nothing you can do than to wait till they clear their issue and move your funds elsewhere.