I wouldn’t touch bitcoins with a 10 ft pole.

Canadian police investigating after bitcoin bank Flexcoin folds

reuters.com

“Flexcoin was incorporated in Alberta in 2012 and registered to a rented mailbox in the city of Edmonton, according to provincial records. Its sole director and voting shareholder is James Andrew Gray, who also gave the rented mailbox as his address.

“The corporate data did not include a phone number or other means of contacting Gray. He did not respond to queries sent to the Flexcoin Twitter account and the Flexcoin email address or efforts to reach him through social media.

“An online forum posted on bitcointalk.org in March 2012 said Gray bought Flexcoin from U.S. firm Yooter Interactive Marketing.”