CoinBank founder Amit Bhardwaj has been sued for digital currency fraud, he has swindle and absconded with people's virtual currency & traders assets before he was caught and this is why I tag the CoinBank wallet as a no go area for anyone no matter how appealing the wallet's user interface (UI) or design might be.
It would be foolish of anyone to still make use of the wallet after knowing the true identity of the it's founder and how he has been illegally taking away people's funds with his ponzi scams.
The good thing about the wallet is that the site has been permanently shutdown, I think this is the best cause it will keep traders safe from falling for CoinBank's ponzi scam.