SurBitcoin Venezuala Limits Operations due to Banking Issues

Bitcoin Watch Shop

SurBitcoin, the Venezuelan Bitcoin exchange is currently operating in a limited capacity due to few issues with its banking service provider. The limited service is expected to affect the platform’s customers until the issue with the banking providers is sorted out.

Surbitcoin, venezuela

Surbitcoin, venezuela

According to Rodrigo Souza, the Founder and Core Developer at BlinkTrade who took to Reddit to explain the situation — SurBitcoin has suspended fiat operations on the platform at the moment as Bansenco Bank, its banking service provider has frozen the account belonging to it. Attempts to investigate the reasons behind Bansenco Bank’s actions uncovered that one of the customers with the intention of scamming had submitted a claim, requesting the bank to reverse his wire transfer made to SurBitcoin. While the intention behind the person’s actions is still unclear, the fraud department at Bansenco Bank didn’t wait to find out.

Rodrigo says that SurBitcoin managed to uncover the reason being their frozen bank accounts only after speaking to the fraud department as everyone else, including the bank managers were clueless about it. While

Read more ... source: NewsBTC USA

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824