War on Cryptocurrency
Source: silverdoctors.com
Jordan Spencer posted on facebook a letter he received from his bank. lakestone bank and trust sent him a letter advising him that they discovered after MONITORING his account that he was in violation of their policies.
His violation was that he was making transactions with coinbase. He was buying cryptocurrencies through coinbase and his coinbase account was linked to his account at lakestone. Since when is a bank given the authority to monitor a customer's account and decide what a customer can or can not do with his or her money?
After posting on facebook, the bank's facebook ratings took a hit. Their ranking dropped from a 3.5 to 1.1 in less than 7 hours.
Source: silverdoctors.com
I love it (the banks backslash). And I have to begrudgingly admit, even FB can occasionally be useful ;-)
I too was surprised that there are things useful about fb.
Wow!
I find this bank's action appalling.