Bitcoin Cynic Peter Schiff’s Bank Account Gets Suspended

Famous Bitcoin cynic loses access to his bank account.

This incident has strengthened the claim of finanical freedom that crypto brings.

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Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements.

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Due to this, Peter Schiff has lost access to his accounts following a subsequent freeze.

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The revelation, however, led to Crypto Twitter pointing out the “irony” as Schiff’s prediction about Bitcoin happened to his own traditional bank.

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After Schiiff’s confirmation of the account freeze, he has become the subject of mockery in the crypto community.

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Schiff stated that he was unaware of the regulatory minimums and was not presented with any form of legal notice prior to the abrupt closure.

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Crypto community reminded him if only he had invested in crypto.

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