Be Careful With Blockchain - May Be Time To Find A New Wallet

DontTailMe

DontTailMe

Joined
Oct 19, 2021
Messages
300
From Reddit:
In Your recent activity we detected that funds linked to a gambling service were deposited into your Blockchain.com account and we require the following information:

Occupation
Proof of residential address, in the form of a bank statement or utility bill dated within the last 3 months

Explanation and proof of Source of funds, in the form of:

Deposit and withdrawal activity from the gambling service from where the funds were deposited;

Gambling service activity (betting history).

Source of Wealth in the form of:
Payslips;

Inheritance;

Sale of real estate;

Etc.

Please reply within the next 5 business days to avoid any suspension to your Blockchain accounts.
I wonder if this guy had signed up for an account with their exchange services. Either way, I'm not screwing around with them without better intel. Time to find a new "dumb" wallet. The problem is that some of these wallets are growing exchange-like services, and therefore, are probably tightening their regulatory compliance measures.
 

Ace7550

Ace7550

Joined
Oct 19, 2021
Messages
366
I use Kraken for all deposits and withdrawals and I've never had a problem. I highly recommend them.
 

BMR_Brad

BMR_Brad

Joined
Jun 4, 2016
Messages
1,365
I'd never muck around with the exchange service offered via blockchain wallet.

Better and cheaper ones and don't want to hand over ID or answer questions like this ever from them.
 

BMR_Brad

BMR_Brad

Joined
Jun 4, 2016
Messages
1,365
I use edge for everything now. I had a lot of issues with Blockchain.

I always recommend Edge wallet for people want a reliable and intuitive phone app wallet.

Use Electrum myself though. Has 101 extra functions over most simple wallets.
 
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