In the last month and a half I have linked coinbase to my checking account. I also attempted to link my account to circle but it was declined for some reason, so I linked my debit card instead. 2 personal use purchases have been made since then, with all bitcoins being tumbled.
This weekend in the mail I received a notice from my bank asking for me to mail in my signature proving that I am in control of my checking and savings accounts. The notice says: :
"To ensure we have the signatures of all authorized users of your account, please complete and return the enclosed Consumer Account Application in the envelope provided.
Important: We need these signatures to help with fraud detection and protect your account. If you continue using this account without sending us your signed application, you are agreeing that you will be responsible for all deposits, checks, or withdrawals made to or from this account by any person designated as an authorized signer and whose signature we do not have on file."
And on the paper I'm supposed to sign:
"To help the government fight the funding of terrorism and money laundering activities, US federal law requires financial institutions to obtain, verify, and record information that identifies each person(individuals and businesses) who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your drivers license or other identifying documents."
This seems incredibly sketch to me and honestly I'm not a big fan of my bank so I'm considering closing my account. Has this ever happened to anyone else using Coinbase or Circle? Did I fuck up by linking both to my account? Is it still safe to purchases my matches, gasoline, and plane ticket to belize using this checking account?
Any insight would be greatly appreciated.
I would not sign anything, but instead, take it to your bank and inquire what it is about.
You've been careful for a reason... I see no problem taking it to a bank and asking about it cause it really sounds like a phishing scam.