CAVIRTEX just threw the word in to make them look better.
While somewhat concerning and disappointing, that alone doesn't justify the degree to which you are freaking out.
They are registered with FINTRAC as an MSB, as we all know.
Using a mailbox as a business address is not unusual in Canada, as was also pointed out to you.
The fact that anyone can register with FINTRAC, even you, doesn't mean you will meet all the obligations and remain a 'member in good standing' if you will.
Are you serious? After I blast FINTRAC with pics of the virtex site and then copies of text from here they will no longer be registered.
MAILBOX is fine.. BUT THEY SHOULd STILL HAVE A REAL ADDRESS...ok.. I'll concede that one. Care to explain the work from home CS reps? How about all the fake names? what about the LIES about a license that does not exist.
If you want to trust an exchange who acts like a lemonade stand more then a real business be my guest!
I want to make sure everyone understands how grave an issue this is though and I'll follow up with FINTRAC in the morning.