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Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 34. (Read 658701 times)

sr. member
Activity: 280
Merit: 250
...
It involves trading illegal unregistered securities on an unregistered exchange.
...

As opposed to Havelock, an esteemed Panamanian shell co trading unregistered securities...
hero member
Activity: 770
Merit: 509
maybe its because *speculation here*  SatoshiDice was acquired and used for mass money laundering scheme for some big guys, which are under investigation, evoorhees is under investigation  thanks to that too ... i didn't see any advertisement or something about SatoshiDice after the change of ownership... its like > anonymous flow of money into casino = anonymous flow of money into bitcoin securities, because of that I was asking here few months ago, what is the legal declaration of neobee shares and if its everything legal... of course i didn't get an answer from competent people, what exactly are shareholders holding.

EDIT : reading that emails ... MPOE nailed it

Yeah, he fucking nailed it alright.

As to what SEC is really after here, I been thinking about that too.

Perhaps as you suggest there's some money-laundering tie-in here with bitcoins flowing through Satoshi Dice. That seems reasonably plausible, but then again seems like there'd be better ways of mixing coins that don't leave taint.

It also occurred to me, especially with the focus on SDice, that they might be more concerned with the gambling aspect than they are with the fact that there's securities out there not under their dominion.

But either of these reasons was the case, why would SEC be taking the lead on this, as opposed to some other three-letter-agency? Money laundering and online gambling seem to be outside SEC's bailiwick... not that US federal agencies aren't a confusing jumbled stampede of jackals.

It's pretty obvious why mpex/satoshi dice is being investigated by the SEC.

It involves trading illegal unregistered securities on an unregistered exchange.

An exchange which is set up to be a pyramid schemes by earning 10btc per person you recruit to pay 30btc registration fees.

That is all in addition to being a ponzi where the only stock traded on mpex is their own and all profits are derived from new investors.

I am not sure how people are congratulating him for that excuse of a defense.  Clearly underestimating the power/reaches of the SEC.
sr. member
Activity: 280
Merit: 250
...
As to what SEC is really after here, I been thinking about that too.
...

The SEC gets curious when large sums of money change hands.  Much respect for Mircea, but watching how this whole thing plays out before throwing palm branches at his feet.
newbie
Activity: 39
Merit: 0
maybe its because *speculation here*  SatoshiDice was acquired and used for mass money laundering scheme for some big guys, which are under investigation, evoorhees is under investigation  thanks to that too ... i didn't see any advertisement or something about SatoshiDice after the change of ownership... its like > anonymous flow of money into casino = anonymous flow of money into bitcoin securities, because of that I was asking here few months ago, what is the legal declaration of neobee shares and if its everything legal... of course i didn't get an answer from competent people, what exactly are shareholders holding.

EDIT : reading that emails ... MPOE nailed it

Yeah, he fucking nailed it alright.

As to what SEC is really after here, I been thinking about that too.

Perhaps as you suggest there's some money-laundering tie-in here with bitcoins flowing through Satoshi Dice. That seems reasonably plausible, but then again seems like there'd be better ways of mixing coins that don't leave taint.

It also occurred to me, especially with the focus on SDice, that they might be more concerned with the gambling aspect than they are with the fact that there's securities out there not under their dominion.

But either of these reasons was the case, why would SEC be taking the lead on this, as opposed to some other three-letter-agency? Money laundering and online gambling seem to be outside SEC's bailiwick... not that US federal agencies aren't a confusing jumbled stampede of jackals.
sr. member
Activity: 378
Merit: 250
maybe its because *speculation here*  SatoshiDice was acquired and used for mass money laundering scheme for some big guys, which are under investigation, evoorhees is under investigation  thanks to that too ... i didn't see any advertisement or something about SatoshiDice after the change of ownership... its like > anonymous flow of money into casino = anonymous flow of money into bitcoin securities, because of that I was asking here few months ago, what is the legal declaration of neobee shares and if its everything legal... of course i didn't get an answer from competent people, what exactly are shareholders holding.

EDIT : reading that emails ... MPOE nailed it
newbie
Activity: 39
Merit: 0
Sorry if this is somewhat off-topic, but MP just published an email exchange he had with some SEC toadie who came enquiring after his MPEx customer records, specifically pertaining to Satoshi Dice.

Seems to provide confirmation of what many have suspected... that US SEC is coming after bitcoin securities.

http://trilema.com/2014/interacting-with-fiat-institution-a-guide/
sr. member
Activity: 378
Merit: 250
Normal way :

1. Look at investment opportunities.
2. Conduct risk-assessment
3. Make investment

bitcoin.newsfeed way :

1. Look at investment opportunities.
2. Make investment
3. Conduct endless risk-assessment

Smiley Wink

 Grin you right

4. aaaand profit  Wink



If we weren't the impulsive kind, we wouldn't be into Bitcoin so early

+1
legendary
Activity: 2912
Merit: 1060
If we weren't the impulsive kind, we wouldn't be into Bitcoin so early
full member
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
Normal way :

1. Company get appropriate licenses
2. Company start massive advertising campaign

NEO way :

1. Company start massive advertising campaign
2. Company is trying to get appropriate licenses

Normal way :

1. Look at investment opportunities.
2. Conduct risk-assessment
3. Make investment

bitcoin.newsfeed way :

1. Look at investment opportunities.
2. Make investment
3. Conduct endless risk-assessment

Smiley Wink
full member
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968

Thanks for that.  Perhaps you could help with the Google translate...this section gets very strange (although the message is clear enough).

Quote
At the same time, said: "Sometimes we hear the same about our business when people ask" Why Cyprus? "Perhaps innovation and thinking beyond what we found when we were born scares, but this does not justify NOT move forward and to invite fear. No country in the world has embraced new technology first and failed to grow as a pillar of innovation, ever. Inventions can not "de-invented", to the disappointment of the ice industry in 1950, industry helluva 1900 the post in 1990 and newspapers in 2000. Those who understand first, will be leaders among their peers, and will invite more investments and valued staff.
sr. member
Activity: 378
Merit: 250
Normal way :

1. Company get appropriate licenses
2. Company start massive advertising campaign

NEO way :

1. Company start massive advertising campaign
2. Company is trying to get appropriate licenses
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
How Many Countries Are There?

https://www.youtube.com/watch?v=4AivEQmfPpk
Some will tell more then 200 and some less then 200. There are multiple well-grounded opinions. Around 200 is the right answer so stop mumble. Keep the good work going Neo.
newbie
Activity: 57
Merit: 0
Ummmm. Wat. First of all, the prospectus doesn't state this. Second of all, there aren't even 200 countries in the world.
"...This service will provide increased accessibility to crypto-currencies across 200 countries including China..."
https://docs.google.com/document/d/1khGADbJeu0efCNZ13lnz8BucG7PfS5Cl9lBZ1sncY-4/preview?sle=true
Page 31
Posted from Bitcointa.lk - #ik1520u0haI5Ft3h

Oh, I stand corrected. It does say that. I ctrl-F'ed a version I printed as a PDF for "200", and for some reason that page is blank in my copy.

Still, the question remains, how do you end up with 200 countries? I think even being fully inclusive you only get to about 196.

Ask a Scot or a Welshman which country they live in; neither Scotland nor Wales (or NI or England) are technically countries but all of their inhabitants would claim they were, with separate cultures and identities.  So, you are hitting 200 before you start with independent territories such as Puerto Rico, Bermuda etc and semi-autonomous regions like HK and Macau.

But if we are nit-picking this 'factoid' then next stop punctuation. Smiley

In Law there are a number of approaches how to define a legal document (i.e. a legislation). One is the "Plain Meaning" also known as the "Literal approach" which means to read a document word-by-word.

In most courts today the "Purposive Approach" is used which looks at the purpose of what it is intended. I will not give a law lesson but I will use the Purposive Approach to decode what "200 countries" would mean (if the approach was used).

"...This service will provide increased accessibility to crypto-currencies worldwide, which would include China..."

As the number of countries in the world is debated, it was logical to round up to 200 countries...but that's just my opinion
hero member
Activity: 546
Merit: 500
PGP 9CB0902E
I don't want to read endless drivel from 5 different troll accounts.
From now on I suggest /r/neobee is the place to be and any crap can be weeded out.

implying a troll account or a downvote army would not be possible on reddit  Grin

Seriously though,
maybe you guys could keep this thread as is for discussion/speculation
and have a modded thread for official updates and announcements?

hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Best would be to start a new modded thread and link to this one as historic reference, for those who want to check how things progressed.

I agree. The forum mods are either unwilling or unable to kick off the mentalists, so I'd accept a modded thread as a compromise.

Edit: Even better would be a moderated thread on LMB, but I wouldn't want any developer effort beyond 1 hour to be sidetracked from rolling out the business for this.  Cheesy


pm me if you want to know how we defeated the troll(s) over at ActiveMining.
hero member
Activity: 518
Merit: 500
Best would be to start a new modded thread and link to this one as historic reference, for those who want to check how things progressed.

I agree. The forum mods are either unwilling or unable to kick off the mentalists, so I'd accept a modded thread as a compromise.

Edit: Even better would be a moderated thread on LMB, but I wouldn't want any developer effort beyond 1 hour to be sidetracked from rolling out the business for this.  Cheesy

It's already under serious consideration (moderation).
full member
Activity: 154
Merit: 100
@Lolstate:  You can start your own self-moderated thread.  UR welcome.
full member
Activity: 196
Merit: 100
Best would be to start a new modded thread and link to this one as historic reference, for those who want to check how things progressed.

I agree. The forum mods are either unwilling or unable to kick off the mentalists, so I'd accept a modded thread as a compromise.

Edit: Even better would be a moderated thread on LMB, but I wouldn't want any developer effort beyond 1 hour to be sidetracked from rolling out the business for this.  Cheesy
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