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Topic: [2015-04-07] Bank Secrecy Act and Ripple Labs ∙ IHB News™ (Read 492 times)

legendary
Activity: 1904
Merit: 1074
This is why Satoshi is still in hiding...  Wink The moment he/she reveal their identity, they will be slapped with lawsuites and penalties.

The unclaimed 1 000 000 Bitcoins will not be enough to cover the cost of these law suites and penalties...

No centralized organization or person should willingly reveal their identity, when they developed a Alt coin in the USA. { It's over regulated and people sue for nothing }

There are so much competition in crypto currencies, that it would become more frequent in future.  Sad
legendary
Activity: 1148
Merit: 1000
U.S. authorities hit Ripple Labs, Inc. Tuesday with a $700,000 penalty for failing to follow anti-money-laundering rules, marking a setback for one of the virtual currency world’s rising stars.


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