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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32866. (Read 26708204 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 252
Merit: 250
"Team America: World Police"

Somebody's got to do it...while the rest of the world rides the fence and begs the US for handouts.  Everybody "hates" America but you all love our mighty dollar.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1125
newbie
Activity: 28
Merit: 0
"Team America: World Police"
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 514
Merit: 500
What do you mean by "business itself is in US"?  What part of US was Liberty Reserve in?
Proably the US did something illegal. The USA has no jurisdiction outside of its own territory and US laws only apply within its own borders.

LOL, try telling that to Viktor Bout

A Russian who was entrapped by the FBI in Thailand and suddenly he finds himself in prison in the USA.

http://en.wikipedia.org/wiki/Viktor_Bout
http://www.victorbout.com/

Currently doing 25 years in NY.
thats Thailand, any country could do that with Thailand, for a small fee of course
legendary
Activity: 1022
Merit: 1000
LOL@everyone moving coins to Bitsamp. Keeping money on any exchange not registered, or seeking registration, with Fincen is idiotic at this point. Any business intentionally or knowingly offering services to US citizens is subject to laws there.

Only if the business itself is in the US because US laws do not apply anywhere outside the US.

What do you mean by "business itself is in US"?  What part of US was Liberty Reserve in?

Costa Rica

Pura Vida Mae!
hero member
Activity: 509
Merit: 500
Can't upload avatar
US is quite powerful. We have this couple dealing steroids. US wants them, but Slovenia and US don't have agreement.
http://www.justice.gov/dea/divisions/bos/2013/bos053113a.shtml

We will see what will happen, but all this is not very positive for bitcoin train.
legendary
Activity: 2097
Merit: 1070
US laws can apply wherever the US decides they will (barring constitutional restriction). What they may not have is the ability to enforce those laws depending on treaties and extradition agreements. And you'd better be careful about setting foot on American soil ever again.

c.f. http://en.wikipedia.org/wiki/United_States_v._ElcomSoft_and_Sklyarov

I wasn't aware of the ElcomSoft / Dmitry Sklyarov case - interesting stuff. They're a well known software company in the 'computer forensics' industry.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 210
Merit: 100
What do you mean by "business itself is in US"?  What part of US was Liberty Reserve in?
Proably the US did something illegal. The USA has no jurisdiction outside of its own territory and US laws only apply within its own borders.

LOL, try telling that to Viktor Bout

A Russian who was entrapped by the FBI in Thailand and suddenly he finds himself in prison in the USA.

http://en.wikipedia.org/wiki/Viktor_Bout
http://www.victorbout.com/

Currently doing 25 years in NY.

+1
The point is, US makes shit happen given enough interest.  Good to have contingency plans.
legendary
Activity: 2097
Merit: 1070
What do you mean by "business itself is in US"?  What part of US was Liberty Reserve in?
Proably the US did something illegal. The USA has no jurisdiction outside of its own territory and US laws only apply within its own borders.

LOL, try telling that to Viktor Bout

A Russian who was entrapped by the FBI in Thailand and suddenly he finds himself in prison in the USA.

http://en.wikipedia.org/wiki/Viktor_Bout
http://www.victorbout.com/

Currently doing 25 years in NY.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
srsly, how would they go about btc-e? Bribe a Russian official?

Just explan to Putin that USA has jurisdiction over Russian territory. I'm sure Putin will agree with this.

US laws can apply wherever the US decides they will (barring constitutional restriction). What they may not have is the ability to enforce those laws depending on treaties and extradition agreements. And you'd better be careful about setting foot on American soil ever again.

c.f. http://en.wikipedia.org/wiki/United_States_v._ElcomSoft_and_Sklyarov
hero member
Activity: 938
Merit: 500
https://youengine.io/
What do you mean by "business itself is in US"?  What part of US was Liberty Reserve in?
Proably the US did something illegal. The USA has no jurisdiction outside of its own territory and US laws only apply within its own borders.
hero member
Activity: 938
Merit: 500
https://youengine.io/
srsly, how would they go about btc-e? Bribe a Russian official?

Just explan to Putin that USA has jurisdiction over Russian territory. I'm sure Putin will agree with this.
full member
Activity: 210
Merit: 100
LOL@everyone moving coins to Bitsamp. Keeping money on any exchange not registered, or seeking registration, with Fincen is idiotic at this point. Any business intentionally or knowingly offering services to US citizens is subject to laws there.

Only if the business itself is in the US because US laws do not apply anywhere outside the US.

What do you mean by "business itself is in US"?  What part of US was Liberty Reserve in?
legendary
Activity: 2170
Merit: 1094
I agree that the US government can strongarm MtGox (Japan) and Bitstamp (UK), because those countries are close allies and may comply with US demands.
About BTC-E, I'm not sure what the US government can do, maybe hire some rackets to put a bomb in their server room (just a hypothesis)?
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