Stormpay Will They Be Around?

It’s interesting that Stormpay started out saying that some people were using multiple account to change money and not be found so they no longer wanted specific sites to do business with other currency providers.

It sure looks like it was an effort to gain more business by making it a little tough on the competition.

Now it seems Stormpay is saying that they had to close down a bunch of accounts because they were not following their policy.  They were asked to show that they were not a pyramid and were not able to do so, therefore their accounts were closed.

That’s a bit of  difference between don’t do business with other money providers, to prove your not a pyramid.

Anyway, I think there is a good chance that Stormpay may have shot them selves in the foot.  I know I would feel very uncomfortable now if I had any money with them.

They have shut down a lot of accounts and if they can do it to the other guy, they could do it to you.  So I doubt I would ever put any of my money in Stormpay.

If I had any money there I would try to get it out as soon as possible.