30 Jan '15, 7pm

Bank Suspends Polish Bitcoin Exchange's Accounts

Polish bitcoin exchange BitMarket.pl has had its bank accounts suspended by Bank BPH. BPH initially said the suspension was the result of a technical glitch, but later claimed it was due to outstanding debt and lack of credentials, according to BitMarket.pl . The exchange said it discovered its BPH accounts were suspended on 26th January. BitMarket.pl founder Michal Pleban told CoinDesk that the real reason for the bank’s decision was prompted by a query filed by the local district attorney’s office. The filing revolved around one particular transaction on the exchange, which was allegedly performed with stolen funds. “For that reason, the bank decided to close all our accounts and refuse our business,” he said. The exchange never received a notification from the bank or the authorities, according to Pleban. He said he was unable to see the query that eventually prompted t...

Full article: http://www.coindesk.com/bank-suspends-polish-bitcoin-exch...

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