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Title: Bitcoin Foundation receives cease & desist letter Post by: bennybong on June 24, 2013, 08:33:08 AM Today, Forbes published a cease and desist letter sent to the Bitcoin Foundation, an organization devoted to creating best practices for the decentralized currency. Regulators accused the foundation of being "engaged in the business of money transmission" without license or authorization under California's Financial Code.
http://www.scribd.com/doc/149335233/CA-State-Cease-and-Desist-May-30 Source: California tells Bitcoin Foundation to stop trading or face a fine http://www.theverge.com/2013/6/23/4457018/california-tells-bitcoin-foundation-to-stop-processing-money Title: Re: Bitcoin Foundation receives cease & desist letter Post by: mjosephs on June 24, 2013, 10:02:22 AM OH THANK YOU LORD, my prayers have been answered.
These stupid fucks got exactly what they deserved for anointing themselves The Official Bitcoin Politburo. Congratulations, fuckwads. You proclaimed to the world that you were in charge of bitcoin and deserved all the credit for anything good that became of it. Instead you get only the blame. Title: Re: Bitcoin Foundation receives cease & desist letter Post by: greyhawk on June 24, 2013, 10:10:16 AM There's a 7 page thread on that already: https://bitcointalk.org/index.php?topic=241314.0
Title: Re: Bitcoin Foundation receives cease & desist letter Post by: virtualmaster on June 24, 2013, 06:24:36 PM Sorry that I am not so well informed but what is doing the Bitcoin Foundation so important ?
Or the authorities are just confused about bitcoin and didn't found a better address from where they could regulate bitcoin ? Title: Re: Bitcoin Foundation receives cease & desist letter Post by: TippingPoint on June 24, 2013, 06:46:56 PM OH THANK YOU LORD, my prayers have been answered. These stupid fucks got exactly what they deserved for anointing themselves The Official Bitcoin Politburo. Congratulations, fuckwads. You proclaimed to the world that you were in charge of bitcoin and deserved all the credit for anything good that became of it. Instead you get only the blame. I found this post amusing. Thank you. |