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Old 04-19-2013, 06:27 AM  
MikeRoth
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Join Date: Jan 2011
Location: Washington DC
Posts: 361
Quote:
Originally Posted by DWB View Post
If they are exchanging US dollars, they are probably tied into a US bank somewhere. This is why MtGox wants documentation to verify users who want to make large exchanges.
I think MTGox uses a bank in Japan as they are based in Japan. I'm not aware of any MTGox documentation verification except when withdrawing or depositing with Dwolla. As I've never submitted any documentation to them but I'm not swinging $100k so maybe there's something new.

I'm fairly certain Hong Kong is home to some of the largest illegitimate banking industries in the world. And I know for a fact A LOT of money laundering goes through Hong Kong banks under fake corporations filed in St. Vincent and the Grenadines.
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