> It's much much harder for a bank to freeze assets. Not really. Banks establish reserve holds (i.e. you keep processing credit cards but the money is not reac

> It's much much harder for a bank to freeze assets. Not really. Banks establish reserve holds (i.e. you keep processing credit cards but the money is not reaching your bank account) all the time. They also freeze accounts and keep that held money for 180 days, all the time. None of it requires any exceptional circumstance nor is there any way for you to dispute the decision to establish a reserve or to close your account and hold the funds. Don't confuse savings accounts with merchant accounts; they are not treated the same even at banks. I speak from first-hand experience. I had to continue providing service to customers while their payments for that service were held for 6 months by the largest private bank in the country (FNBO, $17 bn in assets). That was an interesting time cashflow-wise when bootstrapping one of my earlier businesses. It was all triggered by a single incident of fraud where someone made 6 separate purchases through my website, which were all charged back at the same time. As a relatively low-volume merchant at the time, that made me look like a huge risk the bank wasn't willing to work with anymore. I've considered fraud screening from the start of everything I've worked on since.