Jared’s stories change daily.
Originally it was bad debt, then it was rampant fraud by US players, then it was we all had fraudulent players who found a loophole where they could deposit money via checks then cancel them, then we moved on to a bad processor who stole all their money (only coins was using this processor apparently). Its kinda like Jared is sitting there throwing out lines of bullshit until he finds something that makes a few people nod their heads and say “Yesh thats possible”.
Until I get paid I am sticking to the “Jared is totally full of shit and still hasnt paid me” theory.