Topic: [GLBSE] Violating its TOS and Possible Laws depending on country of Origin - page 3. (Read 3325 times)

Please Read text in the Box Before Flaming me

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I'm in no way in support of protecting scammers and people that commit fraud. My Issue is GLBSE breaking its own TOS and Possible Laws that would allow it to be sued and face damages and be shutdown.

I considered myself invested in the success of GLBSE because I have assets listed on them, and don't want to see any liability to GLBSE caused by Illegal Actions of GLBSE.

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In this Thread https://bitcointalksearch.org/topic/m.1205151 GLBSE releases the ID of a scammer.

Per GLBSE own TOS https://www.glbse.com/info/terms

8. The Exchange may at its discretion ask asset creators to provide proof of identity, address, phone number, or any other information as deemed appropriate. Said information will be held securely offline and not shared with any third party.

So GLBSE violated its own TOS by Releasing his ID.

The Scammer is in Italy, so his local laws may be different.

It appears this is illegal in Italy based on ACT no. 675 of 31.12.1996

But if this happened to a USA based asset holder, this is very illegal and could be sued.

Also even if the scammer has been accused or charged with a crimes, its still illegal to do this in the USA and could cause liability  to GLBSE.  

I think the TOS needs to be changed to provided some warning that GLBSE will do this, I think its still Illegal to do in the USA but atleast the TOS will say they could do it.

I'm only looking for the best interest of GLBSE and want to point out something that could caused financial harm to GLBSE and is Illegal in other Areas of the world.