DEPARTMENT OF COMMON LAW AND COMMON SENSE HAS ISSUED NEW GOVERNMENT GUIDELINES
reuters - Today, John White, Director of the DCLCS issued a statement that people who use the taxation of innocent people to fund their livelihoods must register as scumbags to adhere to new regulations. Scumbags who, in addition to using the extorted funds, then use them to attack people and kidnap people, must register as giant fuckwads by shooting themselves in the face.
***there, that's a "guideline"**
Topic: CEO OF BITCOIN EXCHANGE ARRESTED - page 12. (Read 23761 times)
Prosecutor can kindly go burn in Hell. Speechless. This is the most blatant anti-Bitcoin rights violation I've seen yet, way worse than the thug letters sent to Caldwell.
Shrem shouldn't step down from anything over this. The Foundation should be supporting him, not throwing him under the bus because they think they can influence the BTC price a couple points higher. Have some fucking integrity.
WHAT?Shrem shouldn't step down from anything over this. The Foundation should be supporting him, not throwing him under the bus because they think they can influence the BTC price a couple points higher. Have some fucking integrity.
Did you read the complaint?
Caldwell did not do anything wrong nor illegal. How do you compare the two?
Shrem was all over magazines bragging about how rich he was and how much he loves weed and likely (since treasury is involved) NOT paying any taxes. Then they have emails from him that prove he knew someone was laundering drug money through his company. More than one law broken here. And he had the gall to plaster his face everywhere bragging about his wealth -- I fail to see how you think anyone is to blame for this other than shrem. It is fine to brag and promote yourself but if you are bragging in the papers about how much money you make, you better be paying your taxes.
Prosecutor can kindly go burn in Hell. Speechless. This is the most blatant anti-Bitcoin rights violation I've seen yet, way worse than the thug letters sent to Caldwell.
Shrem shouldn't step down from anything over this. The Foundation should be supporting him, not throwing him under the bus because they think they can influence the BTC price a couple points higher. Have some fucking integrity.
Shrem shouldn't step down from anything over this. The Foundation should be supporting him, not throwing him under the bus because they think they can influence the BTC price a couple points higher. Have some fucking integrity.
This is all theater to scare people.
Shrem is in the good-ole-boy-secret-handshake-club himself, and the charges are completely ridiculous.
Not following FINCEN "guidelines" is not a crime, as there is no law. Even if there was a law, there is no jurisdiction.
Hopefully, some stupid people will sell and give me some cheap buy prices.
Shrem is in the good-ole-boy-secret-handshake-club himself, and the charges are completely ridiculous.
Not following FINCEN "guidelines" is not a crime, as there is no law. Even if there was a law, there is no jurisdiction.
Hopefully, some stupid people will sell and give me some cheap buy prices.
Actually not following FINCEN guidelines is one of the criminal charges against him.
Specifically 'failure to report suspicious activity" which can land you in a federal prison for 5 years.
Since he was arrested in New York, there is plenty of jurisdiction.
~BCX~
Actually, guidelines aren't laws, which is why they're called..."GUIDELINES", which is why there can be no real charges. It's either total bullshit theater to scare people (my guess), or the feds are just doing whatever they want with no respect for even their own laws (also plausible).
Jurisdiction has several elements. Merely being in a geographic area doesn't grant jurisdiction.
The entire Bitcoin Foundation should resign, before they are inevitably charged with "money laundering" and other anti-economic liberty victimless non-crimes, by the totalitarians.
Malicious prosecution of pro-liberty board members, et al. is not at all unprecedented in the U.S. BF are sitting ducks, and the rest us are to a lesser degree.
Malicious prosecution of pro-liberty board members, et al. is not at all unprecedented in the U.S. BF are sitting ducks, and the rest us are to a lesser degree.
He should step down from the foundation ASAP.
This. Gavin, please have the leaders of The Bitcoin Foundation contact him immediately and ask for his resignation. He must resign guilty or not.
The "suspicious" in "Failure to report suspicious activity" is now defined as "using any currency whatsoever", so now everyone is a criminal. YAY! Boot\Face.
This is all theater to scare people.
Shrem is in the good-ole-boy-secret-handshake-club himself, and the charges are completely ridiculous.
Not following FINCEN "guidelines" is not a crime, as there is no law. Even if there was a law, there is no jurisdiction.
Hopefully, some stupid people will sell and give me some cheap buy prices.
Shrem is in the good-ole-boy-secret-handshake-club himself, and the charges are completely ridiculous.
Not following FINCEN "guidelines" is not a crime, as there is no law. Even if there was a law, there is no jurisdiction.
Hopefully, some stupid people will sell and give me some cheap buy prices.
More victimless "criminals" having the boot stamping on their face forever. Just a matter of time before every single localbitcoins seller is prosecuted for not harming anyone, because "economic liberty must be destroyed"!
The most important aspect to the story is how they managed to read his personal emails and how they can prove that the emails they have are legitimate. They could easily write up some bogus emails and claim that he sent them, they need to be able to prove the emails were written by him.
They just choose a court and a judge that WILL allow these emails.Maybe they bring in fake or real computer forensic experts that can prove or do review and decide if these emails are legit.
You can be 100% sure even if these emails are fake, they will be used.
The most important aspect to the story is how they managed to read his personal emails and how they can prove that the emails they have are legitimate. They could easily write up some bogus emails and claim that he sent them, they need to be able to prove the emails were written by him.
He should step down from the foundation ASAP.
I'm in shock, Bitstamp looks for me the USA exchange, if it goes down the btc will also go down, we just saw it in the market, but now the price will fall to 850 -800 in gox. So mad
I think you mean "BitInstant" not "BitSTAMP".
So many "BITS".
Pretty sure undercover agent Mike Hearn was involved in the bust. They sent him to infiltrate BF and start the smear campaign.
I have to admit I panicked at first, but when I read the criminal complaint from the DoJ I saw that they are alleging that Shrem KNEW what Faiella was doing.
if the feds come after you for unknowingly selling coins to someone who then uses them for something illegal, that is really, really bad for us. If they come after you for knowingly helping someone break the law, well, that should be expected.
The big problem is that the Bitcoin Foundation is about to get a HUGE black eye from this.
if the feds come after you for unknowingly selling coins to someone who then uses them for something illegal, that is really, really bad for us. If they come after you for knowingly helping someone break the law, well, that should be expected.
The big problem is that the Bitcoin Foundation is about to get a HUGE black eye from this.
This is what I think. If the guy sent an email to somebody like "Yo, you sell drugs online and I'll launder the coins out into fiat for you" then the arrest should be expected. No way anybody should be surprised about that. If the guy happened, due to no fault of his own, had a criminal decide to use his service, and he was never aware of this action, and then he was arrested... that would be unexpected.
Dose banksters knew what dey was doin'!
HSBC negotiated from a position of strength that they'd cultivated. In their case, a credible threat to burn down the house.
Bitcoin should take a lesson from HSBC about what can be achieved from what position, IMO.
Nothing in any of the Bitcoin Foundations roadmap seems to indicate that they have any intention of taking either the high road morally or hardening the solution against the types of attacks that can pose a threat. They seem to wish only to lay prostrate as quickly as possible and hope that they are allowed a quite corner in the room to exist. I'll bet (and literally am) that this strategy will result in a lethal bitch-slap.
I guess that explains the big dip in prices today. Ah well.
So can they prove that he knowingly sold Bitcoin to users who then went to directly buy drugs from Silk Road with them?
Should be interesting to see what happens. I personally never used Silk Road (got into BTC afterwards) and though I can admire it's rise from nothingness, it still sucks that it's tarnishing Bitcoin's image so much.
So can they prove that he knowingly sold Bitcoin to users who then went to directly buy drugs from Silk Road with them?
Should be interesting to see what happens. I personally never used Silk Road (got into BTC afterwards) and though I can admire it's rise from nothingness, it still sucks that it's tarnishing Bitcoin's image so much.
This is a complete red herring. This doesn't really change anything... why are people freaking?
edit: I'd think that this is much more deserving of our focus: http://en.ria.ru/business/20140127/186966541/Russias-Central-Bank-Bitcoin-Users-Can-Face-Jail-Time.html
I'm in shock, Bitstamp looks for me the USA exchange, if it goes down the btc will also go down, we just saw it in the market, but now the price will fall to 850 -800 in gox. So mad
Bitstamp is not an american exchange. I'm in shock, Bitstamp looks for me the USA exchange, if it goes down the btc will also go down, we just saw it in the market, but now the price will fall to 850 -800 in gox. So mad
lol. relax, bitcoin is bigger than 1 man/exchange
I'm in shock, Bitstamp looks for me the USA exchange, if it goes down the btc will also go down, we just saw it in the market, but now the price will fall to 850 -800 in gox. So mad
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