Elggawf,
I apologize if some of the answers came across as shady - that was never the intention.
Keep in mind that answers to seemingly simple questions come after long discussions with lawyers, scanning through policy fine print, and back and forth communications with government agencies like Department of Banking and Finance. These answers represent a competitive advantage for a business. I have to straddle a fine line between sharing and open-sourcing the business to competition.
The foundation of our operations is an active and prominent compliance program, and we are committed to maintaining full compliance with all pertinent rules and regulations for the trading platform.
Spirit of our program is to do the right thing, not just the legal thing. Attempts to bypass account maximum limits will result in a refund of all funds and a ban for the violating account/s. We have hard-coded additional rules in our trading engine to thwart illegitimate usage of the platform and money laundering.
Please help us strengthen our compliance program, and immediately report any suspicious trading acitivity you notice on our platform to the helpdesk.
I'm sorry, but this "Legal compliance" statement does not contain any substance. Under what name is Camp BX registered in the State of Georgia? Camp BX is, as far as I can see, not registered. Likewise under which name are deposits insured with the FDIC. The "Camp BX user agreement" does contain more substance as it states that "This Agreement shall be governed by and construed in accordance with the laws applicable in the State of Georgia."
If Camp BX has a business model that acts in accordance with the law it can be envisaged that Bitcoin will grow as more businesses will accept Bitcoins.