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Topic: 2013-06-23 Forbes - Bitcoin Foundation Receives Cease And Desist Order From Ca - page 5. (Read 9548 times)

full member
Activity: 170
Merit: 102
many people gave donations to the bitcoin foundation, perhaps this move by govt is just an idea theyve come up with to "tax" those naughty bitcoin users ...
hero member
Activity: 756
Merit: 522
So if the foundation does file, pays the US$5K, and gets this license.  Do we all become "agents" or "affiliates" acting under this license?
http://www.leginfo.ca.gov/cgi-bin/displaycode?section=fin&group=01001-02000&file=2000-2003

That'd be just the point where the scam unravels.

No, MPEx does not recognize any relation between Bitcoin and this so called "foundation".
legendary
Activity: 1358
Merit: 1002
Oh! Good. Let them kill the bitcoin corp... Right?
Hey! Right?
hero member
Activity: 518
Merit: 500
This is big. Why is this news only leaking out now  Huh
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
Ill be honest, they are really starting to clamp down hard in the U.S and is making me nervous.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/

Quote
Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization.

... Then, they fight us ...

They don't fight "us". They fight a despicable scam, in this case.

So if the foundation does file, pays the US$5K, and gets this license.  Do we all become "agents" or "affiliates" acting under this license?
http://www.leginfo.ca.gov/cgi-bin/displaycode?section=fin&group=01001-02000&file=2000-2003

full member
Activity: 193
Merit: 100
It's just some idiot government critter thinking the foundation is something like "Bitcoin Corporation".
It would be fun watching the foundation be disbanded anyway.
hero member
Activity: 756
Merit: 522
http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/

Quote
Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization.

... Then, they fight us ...

They don't fight "us". They fight a despicable scam, in this case.
sr. member
Activity: 434
Merit: 251
http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/

Quote
Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization.

... Then, they fight us ...
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