Bitcoin Forum

Economy => Service Discussion => Topic started by: jaekwon on February 12, 2014, 06:49:23 AM



Title: Do your USD withdrawals go through JPMorgan-Chase?
Post by: jaekwon on February 12, 2014, 06:49:23 AM
I noticed in my bank statement that my USD wire transfers from BitStamp originate from UNICREDIT BANKA SLOVENIJA, but the "sending bank" is JPMORGAN CHASE BANK.

This is a bit alarming because JPMorgan has a publicly negative stance toward Bitcoins, so should they corner the market in USD withdrawals, they will be able to pull the carpet suddenly & cause quite a bit of headache for Bitcoin users.

What do other people see in their bank statements when performing withdrawals? E.g. from Coinbase, or merchants using Bitpay, or other exchanges?

-- Update --

To clarify, this will require looking at your bank statement for the wire transfer.