Originally Posted by Ethersync

It is also worth noting that ePassporte suggesting people keep money in their wallet accounts makes sense now that we know the bank that handles wallet deposits is more or less owned by ePassporte/Chris Mallick. I think when the dust settles we may find that this ePassporte bank is way over leveraged because of non performing loans to fund various other business Chris Mallick has. I would not be surprised to find personal loans on the books as well. Everyone scrambling to pull money out of their wallets is only going to add to the balance sheet problem. The Visa Electron/Virtual money is likely not even all on deposit with the bank in St. Kitts. That is the only reason I can see them shutting down the cards. What a fucking mess.