Bitcoin Foundation receives cease & desist letter

TippingPoint

legendary

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Quote from: mjosephs on June 24, 2013, 05:02:22 AM

OH THANK YOU LORD, my prayers have been answered.

These stupid fucks got exactly what they deserved for anointing themselves The Official Bitcoin Politburo.

Congratulations, fuckwads. You proclaimed to the world that you were in charge of bitcoin and deserved all the credit for anything good that became of it. Instead you get only the blame.

I found this post amusing. Thank you.

virtualmaster

hero member

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Sorry that I am not so well informed but what is doing the Bitcoin Foundation so important ?
Or the authorities are just confused about bitcoin and didn't found a better address from where they could regulate bitcoin ?

greyhawk

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There's a 7 page thread on that already: https://bitcointalksearch.org/topic/bitcoin-foundation-receives-cease-and-desist-order-from-california-241314

mjosephs

full member

Activity: 129

Merit: 100

OH THANK YOU LORD, my prayers have been answered.

These stupid fucks got exactly what they deserved for anointing themselves The Official Bitcoin Politburo.

Congratulations, fuckwads. You proclaimed to the world that you were in charge of bitcoin and deserved all the credit for anything good that became of it. Instead you get only the blame.

bennybong

hero member

Activity: 682

Merit: 500

Today, Forbes published a cease and desist letter sent to the Bitcoin Foundation, an organization devoted to creating best practices for the decentralized currency. Regulators accused the foundation of being "engaged in the business of money transmission" without license or authorization under California's Financial Code.

http://www.scribd.com/doc/149335233/CA-State-Cease-and-Desist-May-30

Source:

California tells Bitcoin Foundation to stop trading or face a fine
http://www.theverge.com/2013/6/23/4457018/california-tells-bitcoin-foundation-to-stop-processing-money

Topic: Bitcoin Foundation receives cease & desist letter (Read 966 times)