#Kafkaesque: Starling Bank blocks cash transfer & froze their account
An Edinburgh academic has accused #Starling bank’s fraud team of behaving like officers in a police state after they repeatedly refused to allow him to send a €15,000 (£12,800) payment to a friend in Austria, then froze his account when he complained about their “absurd demands”.
When he told the #bank that he considered its demands a gross invasion of both his and his friend’s #privacy (and likely data rules) and totally disproportionate in the circumstances, he says it still refused to transfer the money. The staff could have told him the payment was at his own risk, but wouldn’t.
The final indignity came when he said he was so fed up with his trea
... Show more...#Kafkaesque: Starling Bank blocks cash transfer & froze their account
An Edinburgh academic has accused #Starling bank’s fraud team of behaving like officers in a police state after they repeatedly refused to allow him to send a €15,000 (£12,800) payment to a friend in Austria, then froze his account when he complained about their “absurd demands”.
When he told the #bank that he considered its demands a gross invasion of both his and his friend’s #privacy (and likely data rules) and totally disproportionate in the circumstances, he says it still refused to transfer the money. The staff could have told him the payment was at his own risk, but wouldn’t.
The final indignity came when he said he was so fed up with his treatment that he wished to close his account: the bank announced it had shut him out of it.
https://www.theguardian.com/money/article/2024/aug/17/bank-blocks-cash-transfer-ai-scam-fraud
#StarlingBank #banking #CorporateTerrorism #Orwellian #money #money #laundering #CustomerService #CriticalThinking #stupidity
Adam Hunt
in reply to Mark Lansbury • • •Murkas Wylander
in reply to Mark Lansbury • • •Adam Hunt
in reply to Mark Lansbury • • •Hahahahahahahahha!
Murkas Wylander
in reply to Mark Lansbury • • •Adam Hunt
in reply to Mark Lansbury • • •You never have to worry about being scammed because:
Bitcoin is the greatest scam in history
Bill Harris (Vox)Murkas Wylander
in reply to Mark Lansbury • • •Adam Hunt
in reply to Mark Lansbury • • •Why bitcoin is worse than a Madoff-style Ponzi scheme
Financial TimesAdam Hunt
in reply to Mark Lansbury • • •Debunked:
Division of Consumer and Business Education, US Federal Trade Commission
Business is booming for crypto scammers
Sara Morrison (Vox)Murkas Wylander
in reply to Mark Lansbury • • •Now it really gets kafkaesk. That "non-resident" and associate in "History", not economics, does not even know what a Ponzi scheme is.
How do you find such misleading pieces of opinion?
Here it is debunked, by looking at its definition:
https://www.lynalden.com/bitcoin-ponzi-scheme/
Bitcoin: Addressing the Ponzi Scheme Characterization - Lyn Alden
Lyn AldenMurkas Wylander
in reply to Mark Lansbury • • •And Trump whats Bitcoin as currency reserve for the US.
Adam Hunt
in reply to Mark Lansbury • • •Murkas Wylander
in reply to Mark Lansbury • • •Adam Hunt
in reply to Mark Lansbury • • •These are not allegations nor are they insults. Your posting history speaks for itself. You are are consistently clearly here to promote Bitcoin. I am here to provide counterpoints, based on citing refs and facts.
You seem determined to try to confuse readers with claims like :
The US Federal Trade Commission says it is: https://consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams
What To Know About Cryptocurrency and Scams
Consumer AdviceutopiArte
in reply to Adam Hunt • • •@Adam Hunt To be sincere, doesn't matter what you think about bitcoin or Murkas, what he pointed out with his very first answer was simply that as of now no entity can prevent you from wiring your btc to another btc address.
And that is true,
The rest is basically BS talk, he said she said and third party citiations to make things look more or less true.
Maybe bitcoin is as a ponzi scheme like all the legal wall street investments, including the US-dollar itself ..
(I guess there is more than one view point that could reasonably argue this :)
Adam Hunt likes this.
Murkas Wylander
in reply to Mark Lansbury • • •You are contradicting yourself. If it is a ponzi scheme, it is against the law.
utopiArte
in reply to Murkas Wylander • • •N. E. Felibata 👽 likes this.