I’m really surprised that they’re allowed to operate this opaquely as a money transmitter. I’m not familiar with the specific regulations of holding a MTL, but

I’m really surprised that they’re allowed to operate this opaquely as a money transmitter. I’m not familiar with the specific regulations of holding a MTL, but you’d think with the amount of tight regulation we have in other areas (eg real estate) that money transmission would at least require disclosure of account status in a timely manner.