Some SMSF trustees were told to go into a branch, while on holiday, to approve a transfer from their own fund to a crypto exchange. They went. The bank still blocked it. Since last week's post I've spoken to a lot of trustees made to feel like criminals for moving their own money. Hours on hold, waiting for a "fraud expert" whose job is basically to find a way to block it. And this wasn't some offshore site. It was a licensed Australian exchange, registered with AUSTRAC, with thousands of customers.
