Topic: New Bitinstant OFAC Rule - page 2. (Read 2885 times)
thanks for the fast response
hey is there sommething wrong with bitinstant right now, im trying to go there to place an order and i continuously get a website is not available error
https://bitcointalksearch.org/topic/bitinstant-getting-hit-by-a-ddos-attack-122882
hey is there sommething wrong with bitinstant right now, im trying to go there to place an order and i continuously get a website is not available error
Saw that bitinstant is once again sending coins directly to BTC account. You are now required to put your name and DOB, but I don't understand how this can mean anything...if you were a terrorist/criminal, couldn't you just put a fake name and DOB? Or put someone elses name and DOB? This is certainly not any kind of legal evidence....I suppose they have to follow the law, no matter how silly, but really do they expect this law to actually do anything?
-cb
-cb
Hey,
Bitcoin is still a very legal grey area. However requires us to follow certain laws, silly or not.
We cross check it with the OFAC blacklist. If its a fake name / DOB then your transfer may not process and you will be banned from using BitInstant
Do you expect arresting an 18 year old for smoking pot is gonna do anything? Not really, but there are still laws.
I hope I answered this.
Charlie
Saw that bitinstant is once again sending coins directly to BTC account. You are now required to put your name and DOB, but I don't understand how this can mean anything...if you were a terrorist/criminal, couldn't you just put a fake name and DOB? Or put someone elses name and DOB? This is certainly not any kind of legal evidence....I suppose they have to follow the law, no matter how silly, but really do they expect this law to actually do anything?
-cb
-cb
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