WARNING - Majestic Bank appears to be exit scamming. Please be cautious using them.
Full disclosure: I am the owner of a competing service. I urge you to take my words with a grain of salt, and research this yourself. For those unaware, Dread is the largest forum on Tor. It operates similarly to Reddit in how it is moderated and how content is arranged. Until a couple days ago, Majestic Bank had a subdread called /d/MajesticBank. They recently deleted their Dread account, and deleted a massive amount of complaint posts as well. This post came out from one of the administrators of Dread, named Paris, explaining what happened. If you have Tor browser you can read the post [here](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/a30a129b4bce83302f82). If not, here is the text of that post. > Warning: MajesticBank Admin Account Wipe >by /u/Paris A • 2 days ago in /d/MajesticBank >This subdread used to be filled with posts. Yesterday the admin started deleting their posts/comments and then deleting posts and comments within this subdread (you can see so in the moderation log). The site is still active and a new moderator was added to this Subdread. >There is little explanation for such actions if not to clean house and perform an exit scam. Without any explanation from the admin, Dread staff urges nobody use Majestic Bank. Here are some of the posts from the moderation log that were removed. You can still see the titles, but the content just states that the post was removed. ["Question about the fee and why the actual conversion is always less than the stated"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/41366a0718e126297fcf) ["Exchange did not work - again"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/cff487b4d4baa51f09b3) ["Delayed transactions"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/1d885588a228cb32727f) ["BTC to XMR service is down?"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/881798e4912b57798be4) ["Opened Tickeket Then Coins Appeared And Now Disappeared"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/ea6698295e9bbb42c7ac) ["Site Not Working?"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/ed42e6129e94c4c321cc) ["24 hour pending transaction"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/c396c2f7ff4b2101bdb1) ["Exchange stuck, no response to my ticket from the team"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/e5734a5750fa90991b83) ["Receive amount is less than calculate amount and over 3% fee"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/9b404bdde9e101e03425) ["XMR never received!"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/f555a5ba67bf8d6ff433) ["[WARNING] 9XMR missing, unresponsive admins 72hours "](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/4e2b8b8d2838141a444b) ["Missing 3.15 XMR"](http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/01e46c619a2d638eb3dd)
Revuo Monero Issue 139 - Weekly newsletter
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