HSBC, choice banking partner of Mexican and Colombian drug cartels is now restricting access to Microstrategy stock because of Bitcoin. Fuck HSBC

HSBC is now restricting its users from investing in Microstrategy stock.

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Message from HSBC

HSBC is the banking partner for Mexican and Colombian drug cartels who kill thousands of people every year. HSBC directly facilitates money laundering by these cartels. HSBC paid a $1.9 billion fine in 2012 to avoid prosecution for allowing at least $881 million in proceeds from the sale of illegal drugs. This is a sham, any one facilitating money laundering must be in jail, not pay a fine and escape prosecution. Well Eric Holder thought otherwise. But fuck HSBC.

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More on HSBC's money laundering business:

Prosecutors said a multi-year, multi-agency probe into such transactions revealed how HSBC had degenerated into the “preferred financial institution” for drug traffickers and money launderers. And on Tuesday, that culminated in a far-reaching deferred prosecution agreement with HSBC.

So rampant was the practice, prosecutors said, that on some days drug traffickers deposited hundreds of thousands of dollars at HSBC Mexico accounts. To speed things along, the criminals even designed “specially shaped boxes” that fit the size of teller windows at HSBC branches, according to the documents.

https://www.reuters.com/article/hsbc-settlement-idUSL4N09L1YE20121212