Openledger and Cryptobridge are both bad news. Isn't this the problem with bitshares? The gateways can do whatever they want with your money, by their ability to turn off trading indefinitely or delisting an asset without proper notification. Or, as in the case of cryptobridge, simply freeze your account until kyc is done.
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Indeed. The bitshares model made a computerized trading desk, but the actual trade happens in the gateways. Now, at this time we could have dozens of competing gateways, but it never happened. Nor has there really been enough trade volume to allow more than one to exist.
So, basically, bitshares just outsourced the corruption potential