Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
Rampion
on 22/02/2014, 11:48:45 UTC
Severance26: I'm sorry, but you got it wrong on many levels:

- big corporations DO more transfers than Gox on a daily basis. What about stock brokers? Forex exchanges? Wealth management businesses? Please, be serious.

- the Polish bank is not an "intermediary" bank. It is the main and only bank for SEPA deposits and SEPA withdrawals.

- that "shady exchange" located in "eastern europe" uses Unicredit, a MAJOR international bank. SEPA withdrawals take 2/3 days, not weeks. Big withdrawals too by the way, 5/6 figures no problem. And their volume is comparable to Gox.

- the name of its "unnamed CEO" is Nejc Kodric and that's public knowledge. Check his LinkedIn.

Again: all these delays just mean that Gox is in deep deep shit. Believing they are thieves is kinda stupid given their history, but believing that everything is OK and the risk is negligible is also terribly stupid and naive. Probably Gox is suffering LE harassment because of their past position as "the exchange" during the Silk Road time, probably they made bad choices and some mistakes too. Thinking all that is irrelevant "because they made SO much money in the past" is, again, incredibly naive.