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May 14, 2014, 12:38:49 PM |
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None of the questions that are listed above are about USA's KYC (know your customer).
And as for # 6. 'Which bank are you using? Please provide the complete address and SWIFT code.' They obviously already know that answer since where ever the outgoing or incoming wire is from/to is going to solve that redundant and silly question.
As for the rest of these questions, it's pure hogwash.
So what's up exactly? I don't know. But it sure isn't about "money laundering either". Not a chance.
It's not the exchanges business to ask such questions, nor any banks either, unless it's very large sums of cash of questionable origins being deposited. And we already know that Bitcoin isn't cash and that every transaction is public information on the blockchain. Not to mention any transfers to and from any Exchange such as Bitstamp has a digital "paper" trail a million bytes long or longer, right back to the owner of said accounts.
Obviously with bitcoin either a person purchased the bitcoins, or mined them, or stole them. Please don't try and cop out that Bitstamp is now acting as the Bitcoin Police. Not a chance.
I stayed mum on this for a while. But those questions above are so far over the top it's frightening. In fact it's enough for myself to never, ever, not EVER do any business with Bitstamp.
Stick a fork in Bitstamp, their burnt toast and soon history.
Not a chance they survive this long term.
I was pro Bitstamp until this bs.
Now I am adamantly anti Bitstamp.
They ask for KYC documents, fine. No problem. They care to verify them, fine, no problem.
Anything else is a huge mistake that will witness the demise of Bitstamp.
Bitstamp must do a complete reversal and sincerely apologize, or their burnt toast.
Very few with any alternatives (and we all have many alternatives) would bother putting up with such insane policies. Obviously this has lead to a sudden and swift drop in volume at Bitstamp.
One shit stain after another is the merchant and exchange side of Bitcoin.
From scammers and thieves to now this Bitstamp fiasco. Sure some are behaving, but far too many act like their the next Apple or Amazon, ready to turn us all into their obedient worker/customer slaves.
May the Shitstamp be flushed and none too soon, that shitstamp stinks.
I recall Shitstamp was trying to convince many they were based in the U.K. last year. Another bs lie. Merely a shell corporation as I recall is based there, but not the business of Bitstamp.
Fool me once shame on you, but you wont get a chance to fool me twice.
People, get your bitcoin's out of the hand's of Bitstamp before they decide they only owe you an IOU instead of physical Bitcoins. If they wont let your Bitcoin's or funds out then by all means scream about it everywhere.
Caveat emptor - let the buyer beware!
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