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Author Topic: Is bitinstant really dead?  (Read 611 times)
gweedo (OP)
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December 31, 2013, 05:44:25 AM
 #1

I just visited their site and I wanted to see if it had any updates but it is blank...

Kinda sad, I used to use bitinstant a lot to cash out was hoping they come back.
justusranvier
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December 31, 2013, 05:47:44 AM
 #2

Literally as soon as they got all the expensive state licensing they needed to be fully legal - their banking partners shut them down.

I've also heard rumours of a criminal investigation for them not following the March FinCEN guidance before it was issued.

Pretty much they are dead.
gweedo (OP)
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December 31, 2013, 05:50:34 AM
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Literally as soon as they got all the expensive state licensing they needed to be fully legal - their banking partners shut them down.

I've also heard rumours of a criminal investigation for them not following the March FinCEN guidance before it was issued.

Pretty much they are dead.

I knew the banking partners shut them down, but seriously Winklevoss twins don't have pull to get them into a bank? WOW

These rumors their would be no links to back them up I am guessing?
justusranvier
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December 31, 2013, 05:53:02 AM
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These rumors their would be no links to back them up I am guessing?
Nope. That's why I called it a rumour.
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