This is vastly disturbing. Surely there is a gap in the market here for a payment processor that doesn't do shit like this? Are there any startups in this area?
Or is this just an inevitable result of working with money (having to be very careful to avoid scammers/criminals)? I really can't believe that's the case though.
As @dexen said, perhaps there should be some provisions put in place to disincentivise current processors at least.
Perhaps bitcoin has a role to play to avoid such situations, Or would we just have the same problems over again? Perhaps somebody more knowledgeable than I could comment.
Or is this just an inevitable result of working with money (having to be very careful to avoid scammers/criminals)? I really can't believe that's the case though.
As @dexen said, perhaps there should be some provisions put in place to disincentivise current processors at least.
Perhaps bitcoin has a role to play to avoid such situations, Or would we just have the same problems over again? Perhaps somebody more knowledgeable than I could comment.