Topic: 2013-07-23 sec.gov SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi (Read 849 times)
August 06, 2013, 10:08:17 PM
Great news! I hope he gets put in a cell with a large thug who uses him as a F*** doll. That would certainly be appropriate.
August 06, 2013, 09:59:25 PM
Once the SEC is done with pirateat40 then it will be the turn of the IRS. Starting with US withholding taxes on the interest he paid out to non US persons. By the way the court has already ruled that Bitcoin is money. https://bitcointalksearch.org/topic/2013-08-06-cns-shavers-bitcoin-ponzi-scheme-cannot-dodge-securities-fraud-269313.
August 06, 2013, 05:43:48 PM
I think the actual commentary will come when he's about to be sentenced, and then in jail.
That snake deserves exactly what he gets. (No, I never participated in his scheme.)
That snake deserves exactly what he gets. (No, I never participated in his scheme.)
August 04, 2013, 12:16:15 AM
NO ONE FUCKING COMMENTED?
its damn pirateat40!
its damn pirateat40!
July 24, 2013, 10:17:25 AM
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539730583
It's funny that the headline SEC uses is the more objective one than most MSM outlets: "Bitcoin-Denominated Ponzi Scheme" vs "Bitcoin Ponzi Scheme"
It's also interesting this is handled not by local police, not by FBI, but by SEC.
SEC= U.S. Securities and Exchange Commission
It's funny that the headline SEC uses is the more objective one than most MSM outlets: "Bitcoin-Denominated Ponzi Scheme" vs "Bitcoin Ponzi Scheme"
It's also interesting this is handled not by local police, not by FBI, but by SEC.
SEC= U.S. Securities and Exchange Commission
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