$47,170.23 -1.03%
BTC · 205w

Just got a call from my bank demanding I tell them why I purchased Bitcoin or they'll close my account.

I've had a banking relationship with PNC Bank for 15 years and I just got a call to verify unusual activity. He asked me to confirm a couple transactions then asked "For what purpose are you buying Bitcoin" (he saw Coinbase and Xapo transactions). I told him I wouldn't answer, he then asked "What are you going to do with the Bitcoin", I again told him I wouldn't answer. He then informed me that his security team told him they would "exit the relationship with me" if they didn't get satisfactory answers. I relented and told him "for investment purposes" hoping to avoid needing to switch banks. He said he thinks that might satisfy them but that PNC Bank wants nothing to do with Bitcoin. Anyone else gotten calls like this?
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