Originally Posted by DWB

Just like I said, they will go after the bank accounts. All of these exchange companies using a US bank account are fair game if whatever authorities feel they need to be shut down, or the bank decides they don't want to do business with them. They all have to go through the same banking procedures as everyone else, or risk being shut down. You can't have anonymous banking transactions and expect to stay in business if you're using the US dollar. This is why you have to be verified to make large transactions, because that information will be given to the government, just as if you do the same thing in an actual bank.

This is the same reason companies like Paxum need your IDs, bill copies, blue ink, and a pint of blood. There are rules that these companies have to abide by. That simple.

Hopefully the other exchangers will learn something from this and jump through whatever hoops they have to in order to keep their bank accounts.