The bankers told their pigs to decimate anyone involved in Bitcoin.
Becareful.
Topic: Are you fools pathetic - or what? - page 3. (Read 3353 times)
the guy was consistently moving a large amount of btc (to drug traffickers) , without a money transmitter license , aka felony money laundering , per the law ... just so anyone else out there is aware - you CANNOT as a private citizen in the U.S. legally buy or sell over $5000 worth of any type of currency in a single day without a money transmitter license ... whether that's btc/pesos/euros/seashells/usd , if you're converting currency , there are legal restrictions on what you can and cannot do ... he broke the law , and now is in jail ... i wonder why nobody wants to give free money to a criminal money launderer ? ? ?
He did have a money transmitter license. He owned Bitinstant which was legally registered in New York. You were only legally allowed to purchase $1k in BTC per day, however he found out that a user with connections to the silk road was bypassing the $1k/day limit. He then got nailed for his relationship to the Silk Road through that intermediary.
There are additional details in the case, but that is the gist. I dont know, I am personally a fan of Charlie Shrem, I am of the opinion that if this was a standard USD business and not a BTC business in question, he would have got a slap on the wrist and a warning that what he was doing could be considered illegal. People are quick to defend him, because this was one of the first cases of pretty openly biass of law enforcement targeting a Bitcoin business to send a message.
Thanks, Salty, I think I should obviously read up on this case a bit. There's clearly waaay more to this than what was posted in the OP.
You DEMAND??? Go fuck yourself!
'Demand' - its a French word. It means 'ask'. It if far more polite than you could imagine. I am in France. I mix English 'demand' and French 'demand' sometimes. No big deal. Now go send a buck. Jesus.Umm.. No!. Now aller te faire foutre
the guy was consistently moving a large amount of btc (to drug traffickers) , without a money transmitter license , aka felony money laundering , per the law ... just so anyone else out there is aware - you CANNOT as a private citizen in the U.S. legally buy or sell over $5000 worth of any type of currency in a single day without a money transmitter license ... whether that's btc/pesos/euros/seashells/usd , if you're converting currency , there are legal restrictions on what you can and cannot do ... he broke the law , and now is in jail ... i wonder why nobody wants to give free money to a criminal money launderer ? ? ?
He did have a money transmitter license. He owned Bitinstant which was legally registered in New York. You were only legally allowed to purchase $1k in BTC per day, however he found out that a user with connections to the silk road was bypassing the $1k/day limit. He then got nailed for his relationship to the Silk Road through that intermediary.
There are additional details in the case, but that is the gist. I dont know, I am personally a fan of Charlie Shrem, I am of the opinion that if this was a standard USD business and not a BTC business in question, he would have got a slap on the wrist and a warning that what he was doing could be considered illegal. People are quick to defend him, because this was one of the first cases of pretty openly biass of law enforcement targeting a Bitcoin business to send a message.
yup ... i mean that's basically the long and the short of it ... think about it like this ... if you were being brought bags of cash on the daily with tens of thousands of dollars , which you then deposited in your bank , and used to buy btc off exchanges so you could give those btc to the people bringing you bags of cash , you'd pretty well know that what you were doing was money laundering for criminals ... and that's exactly what he was doing ... so remember folks , only launder $4000 per day in btc for your criminal buddies , just to be on the safe side with exchange fluctuations , and then you'll be legal (ish) ...
the guy was consistently moving a large amount of btc (to drug traffickers) , without a money transmitter license , aka felony money laundering , per the law ... just so anyone else out there is aware - you CANNOT as a private citizen in the U.S. legally buy or sell over $5000 worth of any type of currency in a single day without a money transmitter license ... whether that's btc/pesos/euros/seashells/usd , if you're converting currency , there are legal restrictions on what you can and cannot do ... he broke the law , and now is in jail ... i wonder why nobody wants to give free money to a criminal money launderer ? ? ?
I felt confident there was more to the story than what was posted in the OP. I don't move anywhere near that amount of BTC (in fact, I'm basically just a hodler) however even I start to feel weird when someone says that someone went to jail for selling BTC. I'm glad there's more to it than that.
the guy was consistently moving a large amount of btc (to drug traffickers) , without a money transmitter license , aka felony money laundering , per the law ... just so anyone else out there is aware - you CANNOT as a private citizen in the U.S. legally buy or sell over $5000 worth of any type of currency in a single day without a money transmitter license ... whether that's btc/pesos/euros/seashells/usd , if you're converting currency , there are legal restrictions on what you can and cannot do ... he broke the law , and now is in jail ... i wonder why nobody wants to give free money to a criminal money launderer ? ? ?
Two questions. Who is that? Why did he go to jail?
What are you kidding? It is Charlie Schrem. Definitely not a pedo. He sold bitcoin to people who were supplying bitcoin to Silk Road. It is the smallest crime imaginable after cross the road without permission.But wait, I thought Silk Road would be receiving bitcoin from sales, not supplying it. I have to admit, I know next-to-nothing about SR. Nevertheless, I have to ask, did CS know what the folks he was supplying were doing with their BTC?
You DEMAND??? Go fuck yourself!
'Demand' - its a French word. It means 'ask'. It if far more polite than you could imagine. I am in France. I mix English 'demand' and French 'demand' sometimes. No big deal. Now go send a buck. Jesus. C'mon guys - this is just crazy. The poor guy went to JAIL yesterday. He has done so much for the community. His crime was TINY!
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
Who's wallet is this? Yours??
Charlie's wallet. Read here: http://charlieshrem.com/so-im-going-to-prison/
C'mon guys - this is just crazy. The poor guy went to JAIL yesterday. He has done so much for the community. His crime was TINY!
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
Who's wallet is this? Yours??
Wasn't he a pedo or something like that?
and I doubt he is sleeping on canvas he is able to tweet from jail, pretty sure it's low security.
low security yeah, 'tweet' - I am not sure about that. and I doubt he is sleeping on canvas he is able to tweet from jail, pretty sure it's low security.
Wasn't he a pedo or something like that?
and I doubt he is sleeping on canvas he is able to tweet from jail, pretty sure it's low security.
and I doubt he is sleeping on canvas he is able to tweet from jail, pretty sure it's low security.
Nah. All he had were a couple of jailbait pics in his laptop.
C'mon guys - this is just crazy. The poor guy went to JAIL yesterday. He has done so much for the community. His crime was TINY!
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
You DEMAND??? Go fuck yourself!
Two questions. Who is that? Why did he go to jail?
What are you kidding? It is Charlie Schrem. Definitely not a pedo. He sold bitcoin to people who were supplying bitcoin to Silk Road. It is the smallest crime imaginable after cross the road without permission. Two questions. Who is that? Why did he go to jail?
read..
http://www.coindesk.com/bitcoins-first-felon-charlie-shrem-begins-2-year-sentence/
Two questions. Who is that? Why did he go to jail?
C'mon guys - this is just crazy. The poor guy went to JAIL yesterday. He has done so much for the community. His crime was TINY!
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
This is all we managed to scrape up for him? (.6 BTC) What!?
https://blockchain.info/address/1NEgShr962NMHXet3WTVzwuW2189JRrP93
C'mon you cheap bastards, give the guy a few bucks.
I challenge you, no, I demand you pick up your damn android and kick down a few bucks. Just to make his first day feel a little better like someone actually cares. I am sleeping in nice sheets tonight - he is sleeping with four roommates on canvas. To answer this challenge, please send .111 bitcoin to 1NEgShr962NMHXet3WTVzwuW2189JRrP93 so we can see who agrees.
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