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Title: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 05:13:43 PM I'd be one worried MPEx investor if I were one. Good thing I'm not
http://www.bloomberg.com/news/2014-03-19/gambling-website-s-bitcoin-denominated-stock-draws-sec-inquiry.html Quote Gambling Website’s Bitcoin-Denominated Stock Draws SEC Inquiry By Carter Dougherty Mar 20, 2014 6:01 AM GMT+0200 2 Comments Email Print Google+ Save Photographer: Tomohiro Ohsumi/Bloomberg Andrew Ceresney, the SEC’s enforcement director, said in January the agency is “very... Read More The Securities and Exchange Commission is conducting a formal inquiry into an online gambling website’s Bitcoin-denominated stock sale after the agency signaled that such dealings may break U.S. laws. The SEC sent a letter asking MPEx, an online exchange for Bitcoin-based trading, to provide contracts and other documents relating to SatoshiDice.com, according to a copy of the request posted on the website trilema.com. Mircea Popescu, the MPEx operator to whom the letter was addressed, confirmed its receipt in an e-mail to Bloomberg News and said MPEx hasn’t broken any laws. The letter lists SatoshiDice as the topic of the inquiry without specifying what rules are at issue. Andrew Ceresney, the SEC’s enforcement director, said in January the agency is “very focused” on whether Bitcoin-denominated stock exchanges are illegal. U.S. laws require securities-trading platforms to be licensed. The regulator’s decision to open an inquiry doesn’t mean its staff has concluded any rules were broken, according to the letter. “You can invest in those companies with your Bitcoin online,” Ceresney said at a January conference. “And so the question is, are those unregistered exchanges or broker dealers operating in violation of the securities laws?” John Nester, a spokesman for the regulator, said he couldn’t confirm or deny the existence of any inquiry. SatoshiDice listed shares on MPEx in August 2012, according to an MPEx-affiliated website. The SEC letter seeks “all documents or contracts” between the exchange and SatoshiDice’s Erik Voorhees, concerning the listing or sale of the shares, as well as his account statements. Company Sold Voorhees said in an online statement in July that he’d sold the company to a “private party” that he didn’t identify. SatoshiDice’s stock is not currently among those listed on MPEx’s site. Voorhees declined to comment in an e-mail, and an e-mail sent to a general mailbox at SatochiDice was unanswered. Popescu, in an Internet chat message, said the SEC didn’t cite any rules that may have been broken. He asserted that U.S. securities laws don’t apply to MPEx because Bitcoin doesn’t fall under the legal definition of money. “There’s no discussion of breaking laws,” Popescu wrote. “Somebody wants to propose I broke a law, they’re to come up with the law I broke.” Bitcoin, the most popular digital currency, emerged from a 2008 paper written by a programmer or group of programmers under the name Satoshi Nakamoto. It uses a public ledger to record transactions made under pseudonyms, and transactions are cryptographically signed for security. Because it has many of the same properties as traditional currencies, entrepreneurs have used it to create securities, such as shares and derivatives. To contact the reporter on this story: Carter Dougherty in Washington at cdougherty6@bloomberg.net To contact the editors responsible for this story: Maura Reynolds at mreynolds34@bloomberg.net David Scheer Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 05:25:39 PM I find it funny how he tries to make himself believe US is getting weaker and thus his ass is safe and out of reach.
https://twitter.com/Mircea_Popescu/status/450729300116127744 Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 01, 2014, 05:33:18 PM Lol, why are you angry with Mircea when it was Danny who took your coin? Is it because raging at Danny is pointless now that he ... vanished? :D
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: GreenBits on April 01, 2014, 06:27:01 PM SEC. 205. DEFINITION AND TREATMENT OF BANKING PRODUCTS.
(a) DEFINITION OF TRADITIONAL BANKING PRODUCT- For purposes of paragraphs (4) and (5) of section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a) (4), (5)), the term ‘traditional banking product’ means-- (1) a deposit account, savings account, certificate of deposit, or other deposit instrument issued by a bank; (2) a banker’s acceptance; (3) a letter of credit issued or loan made by a bank; (4) a debit account at a bank arising from a credit card or similar arrangement; (5) a participation in a loan which the bank or an affiliate of the bank (other than a broker or dealer) funds, participates in, or owns that is sold-- (A) to qualified investors; or (B) to other persons that-- (i) have the opportunity to review and assess any material information, including information regarding the borrower’s creditworthiness; and based on such factors as financial sophistication, net worth, and knowledge and experience in financial matters, have the capability to evaluate the information available, as determined under generally applicable banking standards or guidelines; and Also, SEC. 206. DERIVATIVE INSTRUMENT AND QUALIFIED INVESTOR DEFINED. Section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)) is amended by adding at the end the following new paragraphs: ‘(54) DERIVATIVE INSTRUMENT- ‘(A) DEFINITION- The term ‘derivative instrument’ means any individually negotiated contract, agreement, warrant, note, or option that is based, in whole or in part, on the value of, any interest in, or any quantitative measure or the occurrence of any event relating to, one or more commodities, securities, currencies, interest or other rates, indices, or other assets, but does not include a traditional banking product, as defined in section 205(a) of the Financial Services Modernization Act of 1999. ‘(B) CLASSIFICATION LIMITED- Classification of a particular contract as a derivative instrument pursuant to this paragraph shall not be construed as finding or implying that such instrument is or is not a security for any purpose under the securities laws, or is or is not an account, agreement, contract, or transaction for any purpose under the Commodity Exchange Act. ....‘(B) ADDITIONAL AUTHORITY- The Commission may, by rule or order, define a ‘qualified investor’ as any other person, taking into consideration such factors as the financial sophistication of the person, net worth, and knowledge and experience in financial matters.’. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 01, 2014, 06:27:14 PM This scumbag has plagued and Trolled this forum and damaged almost everything that wasn't MPEx in the process. Many companies have been targeted in deliberate commercial attacks and smears by him personally. He also pays others to smear legitimate businesses too.
He has made a lot of enemies but he continues with his arrogance (which will be the end of him) simply because his ego is far too overwhelming for his own brain to come to any sense of considered reason. Sociopaths like this should not all be locked up, but this one is also a criminal. There is no better place for this real scumbag than a US prison. EDIT - he has also explicitly breached Romanian securities law by running an unlicensed 'alternative Securities Exchange'. But I'll let the US deal with him before reporting him for that. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: thekekk on April 01, 2014, 06:43:16 PM let the dump begin
http://mpex.co/?mpsic=S.MPOE Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 01, 2014, 07:04:37 PM I'll be handing out apples as soon as everyone settles down.
I'm waiting. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 08:01:04 PM This scumbag has plagued and Trolled this forum and damaged almost everything that wasn't MPEx in the process. Many companies have been targeted in deliberate commercial attacks and smears by him personally. He also pays others to smear legitimate businesses too. He has made a lot of enemies but he continues with his arrogance (which will be the end of him) simply because his ego is far too overwhelming for his own brain to come to any sense of considered reason. Sociopaths like this should not all be locked up, but this one is also a criminal. There is no better place for this real scumbag than a US prison. EDIT - he has also explicitly breached Romanian securities law by running an unlicensed 'alternative Securities Exchange'. But I'll let the US deal with him before reporting him for that. My point exactly. I'm not big fan of regulation but this guy trashes all his competitors claiming they are not "legit" and now in a sweet ironic twist of events, he's the one about the face the music. Disgusted me to see how he vilified and trashed Burnside, probably one of the most honest operators out there, who was forced to close operations due to a similar letter from US authorities. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 08:06:15 PM let the dump begin http://mpex.co/?mpsic=S.MPOE Timber!!! http://theartofroughhousing.com/wp-content/uploads/2013/01/timber.jpg Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 08:09:33 PM Hmm http://www.theguardian.com/world/2013/may/28/liberty-reserve-arthur-budovsky-arrested-spain Liberty Reserve founder arrested in Spain and taken to US to stand trial...
Quote Police raided three homes and five businesses linked to the Costa-Rica-based Liberty Reserve and seized papers and digital documents that will be turned over to US authorities, the statement said. A Russian citizen was also arrested in the case in Costa Rica on Friday and will be extradited to the US, it said. History repeating itself? Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 08:56:57 PM Reddit ongoing discussion on the subject
http://www.reddit.com/r/Bitcoin/comments/21xrov/mpex_owner_getting_letters_from_us_gov_in_danger/ Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 09:25:08 PM Remember guys this investing/trading rule:
"He who defects first defects best." Don't be the last ones to hold the bag on this MPEx upcoming disaster. Jump ship before the Titanic hits the iceberg. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: damiano on April 01, 2014, 10:15:16 PM Poor poor Micrea
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 01, 2014, 10:16:11 PM let the dump begin http://mpex.co/?mpsic=S.MPOE Don't worry mircea will just buy any shares dumped. Thats part of the benefits of being a ponzi scheme. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 10:20:58 PM let the dump begin http://mpex.co/?mpsic=S.MPOE Don't worry mircea will just buy any shares dumped. Thats part of the benefits of being a ponzi scheme. This means he has to spend something for nothing, especially in this rotten context he finds himself in so I'm not so sure. He might just let said ponzi unfold to its logical conclusion. He will surely need a damn good lawyer to put up a strong defense and good lawyers don't come cheap. How many of his shareholders will wait and see what happens with him next? I mean you don't have to be a rocket scientist to figure it out, just look at the Liberty Reserve incident, where founders have been extradited to US from Spain and Costa Rica. As I was saying earlier: "He who defects first defects best". Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 01, 2014, 10:30:38 PM He has already perfected that 'convict look' - prison is the natural place for him.
http://images.zoso.ro/img/2010/01/mircea_popescu.jpg But I don't know which look I prefer - 'convict' or 'Borat'? http://chinezu.eu/wp-content/uploads/2010/03/gizeh_pyramids.jpg Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 01, 2014, 11:30:56 PM Gentlemen!
Why have I called you to me on such short notice? Wonder no more! You, Sirs, have been chosen for your brilliance. Your ne plus ultra, tippytop acme smartiferous brains par excellence of Bitcointalk.org. Welcome to MENSA! You may now take off your helmets. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 11:45:07 PM MtGox has stolen from thousants or ten of thousands US citizens and the "great" US can't do shit about it... Really? Judge orders Mt Gox CEO to U.S. for questions on failed bitcoin exchange http://www.reuters.com/article/2014/04/01/us-bitcoin-mtgox-karpeles-idUSBREA3021920140401 Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: GreenBits on April 01, 2014, 11:45:50 PM MtGox has stolen from thousants or ten of thousands US citizens and the "great" US can't do shit about it... http://mobile.reuters.com/article/idUSL1N0MT1X220140401?irpc=932 Judge orders Mt Gox CEO to U.S. for questions on failed bitcoin exchange Tue, Apr 01 17:24 PM EDT (edit) ROFL, Herp beat me to it. Good show. Ill post the text to save you the jump. By Tom Hals April 1 (Reuters) - The chief executive of Japan's Mt. Gox, once the world's leading bitcoin exchange, was ordered to the United States to answer questions related to its U.S. bankruptcy case, filed after the company lost $400 million of customers' digital currency. U.S. Bankruptcy Judge Stacey Jernigan on Tuesday ordered Karpeles to appear on April 17 in Dallas at the offices of Baker & McKenzie, the law firm that represents Mt. Gox. Mt. Gox customers want its chief executive and majority owner, Mark Karpeles, to explain why the exchange shut down in February and what happened to their 750,000 bitcoins, which the company said were stolen in a computer hacking attack. Customers have alleged that insiders including Karpeles may have stolen the money, and employees told Reuters they were worried as early as 2012 that customers' money was being diverted for operating expenses. Mt. Gox filed bankruptcy in February in Tokyo. Last month, Karpeles asked a Dallas court to grant Mt. Gox Chapter 15 bankruptcy protection, in part to put a stop to a class action that had been filed by U.S. customers in Chicago federal court. Under Chapter 15, protection from creditors is not automatic. Mt. Gox must prove at a May 20 hearing that it should be granted such protection. "If he avails himself of this court, my God, he is going to get himself over here," Jernigan said at the Bankruptcy Court hearing in Dallas at which she ordered Karpeles to appear. John Mitchell, a Baker & McKenzie attorney, said the company may replace Karpeles as the "foreign representative" of Mt. Gox in the U.S. bankruptcy court, a suggestion that did not sit well with the judge. "He filed this case," she responded curtly. Karpeles' testimony could help solve the mystery of what happened to money and bitcoins that were entrusted to Mt. Gox by its clients, most of them from the United States. Karpeles controlled the company's financial records and may be the only person who knows where the company's assets and money might be, Steven Woodrow, an attorney for U.S. customers, told the Dallas hearing. Jernigan limited the deposition questioning of Karpeles to issues pertaining to whether the court should grant permanent bankruptcy protection to Mt. Gox. The case is In Re: Mt. Gox Co. Ltd, U.S. Bankruptcy Court, Northern District of Dallas, No. 14-31229. (Reporting by Tom Hals in Wilmington, Delaware; Editing by David Gregorio) ~Green Its not an April Fools joke either. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 01, 2014, 11:59:03 PM well... a judge "order" from US is worth like 0.00000001 btc (better make it dodge) for the rest of the world... (put a judge from US to decide about Crimeea then :))))) Japan is very US friendly. Extradition will work smoothly if it comes to that. In case you need more convincing, little something I've posted earlier: just look at the Liberty Reserve incident, where founders have been extradited to US from Spain and Costa Rica. http://www.theguardian.com/world/2013/may/28/liberty-reserve-arthur-budovsky-arrested-spain Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 02, 2014, 12:03:54 AM well... a judge "order" from US is worth like 0.00000001 btc (better make it dodge) for the rest of the world... (put a judge from US to decide about Crimeea then :))))) Well unfortunately thats not entirely true unless by "rest of the world" you mean 3rd world countries who don't do business with the US. You are living in fantasy land if you think the US has no power overseas. Hell they raided kim dotcoms house and he wasn't even breaking the law. Now your comparing complex government affairs with a random guy running a highly illegal security scheme? Clearly logical Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 02, 2014, 12:05:23 AM Japan is very US friendly. Extradition will work smoothly if it comes to that. Here: http://www.mcnabbassociates.com/Japan%20International%20Extradition%20Treaty%20with%20the%20United%20States.pdf https://en.wikipedia.org/wiki/List_of_United_States_extradition_treaties Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: GreenBits on April 02, 2014, 12:13:51 AM see here also:
http://www.ft.com/cms/s/0/93a5ca22-dcaa-11e2-b52b-00144feab7de.html#axzz2xgOMZMoX Analyst suffered ‘inhuman’ extradition ordeal, says lawyer Last December, Trent Martin, an Australian who had worked for the Royal Bank of Scotland as a research analyst, was arrested in Hong Kong on US insider-trading charges and agreed to be extradited to New York. The process took three months – during which time Mr Martin, 34, was shackled in handcuffs, held in solitary confinement and placed in a psychiatric prison, according to a letter sent by his lawyer, Larry Krantz, to a US judge. Mr Krantz has alleged his client was subjected to an “an inhuman ordeal”, and other lawyers say the case raises questions about the rights of extradited suspects at a time when US authorities are growing increasingly aggressive in hunting down alleged wrongdoers in other countries. ...Mr Martin’s case marked the first time in a decade that the US had sought the extradition of an insider trading suspect. This pursuit was all the more remarkable because Mr Martin was only accused of making $8,000 from the alleged scheme. All of that. Citizen of Australia, arrested in Japan, by US authorities. For $8000 profit. :o Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 02, 2014, 12:26:23 AM @jonsi
We're not discussing whether or not extradition to US should or shouldn't be done. Point is US can and will do that in the case of MPEx http://www.foreign.senate.gov/treaties/110-11 Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 02, 2014, 12:31:17 AM Yeah... I know what are we discussing... Stay brainwashed. Do what your goverment say to do. Living in fantasy land confirmed. Let us know when you want to join us in reality. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 02, 2014, 12:44:14 AM @Herp, Jimmothy:
You make me proud to be a decent, Patriotic American such as yourselves! God bless! http://s14.postimg.org/eunn65k5t/Capture.jpg "Because all other countries are obsolete." Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Herp on April 02, 2014, 12:44:52 AM "join US" you meant... no no... I don't like the totalitarian regime... Again you're off-topic here. Point is very simple. Extradition of MP to US will go smooth as butter. There's also a fresh precedent http://www.fbi.gov/newyork/press-releases/2013/three-members-of-international-cyber-fraud-ring-extradited-from-romania-to-the-united-states Quote Three Members of International Cyber Fraud Ring Extradited from Romania to the United States U.S. Attorney’s Office May 02, 2013 Eastern District of New York (718) 254-7000 Romanian nationals Cristea Mircea, Ion Pieptea, and Nicolae Simion will make their first appearance before United States District Judge Edward R. Korman later today following their extradition to the United States from Romania. The defendants are charged with participating in a sophisticated multi-million-dollar cyber fraud scheme that targeted consumers on U.S.-based Internet marketplace websites such as eBay.com. Their extradition followed a coordinated international takedown in December 2012, during which law enforcement officials in Romania, the Czech Republic, the United Kingdom, and Canada, acting at the request of the United States, arrested six Romanian nationals, including Mircea, Pieptea and Simion. The Bucharest Appeals Court ordered the extraditions of Mircea, Pieptea, and Simion on February 2, 2013. The defendants were subsequently transported to the Eastern District of New York and arraigned on March 27, 2013. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Fabrizio89 on April 02, 2014, 06:37:41 AM Wow, this is scary. We don't even need a global government for this kind of things, USA already are it.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: thekekk on April 02, 2014, 07:34:22 AM Some cases to fill the time as MP waiting arrest
http://www.justice.gov/opa/pr/2013/September/13-crm-987.html Will they sent him with Yelm Couple 3 birds with 1 plane? http://www.goskagit.com/news/state/romania-seeks-extradition-of-yelm-couple/article_6889006f-937d-5670-9240-5ca4589b25d3. I also found that Romania likes to extradite people named Mircea Quote In addition to Cojocaru’s extradition, three other defendants – Cristea Mircea, Ion Pieptea, and Nicolae Simion – have been extradited to the United States from Romania, and one defendant, Emil Butoi, was extradited from the United Kingdom. Earlier today, Mircea pleaded guilty to committing wire fraud. Butoi pleaded guilty to committing passport fraud on November 5, 2013. Defendant Nicolae Ghebosila is still engaged in extradition proceedings in Canada. Seven defendants, including Romanian national Nicolae Popescu, are currently fugitives from justice. http://www.justice.gov/usao/nye/pr/2013/2013nov07.html Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Phildo on April 02, 2014, 11:55:51 AM And you guys accuse other people of being trolls.
SEC asks him some questions = he's going to be extradited. why not say they're going to execute him? there's just as much proof of that as extradition Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 02, 2014, 01:02:44 PM Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 02, 2014, 01:08:34 PM Looks like the FBI do a LOT of work in Romania.
'TUESDAY, APRIL 06, 2010 70 Romanian Phishers & Fraudsters Arrested On March 4th, FBI Director Robert Mueller was given a speech on Cybercrime to the RSA conference where he mentioned that: "And we have worked with the Romanian National Police to arrest more than 100 Romanian nationals in the past 18 months. Four years ago, several American companies threatened to cut cyber ties with Romania because of the rampant hacking originating from that country. And yet today, Romania is one of our strongest partners."' http://garwarner.blogspot.co.uk/2010/04/70-romanian-phishers-fraudsters.html (http://garwarner.blogspot.co.uk/2010/04/70-romanian-phishers-fraudsters.html) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 02, 2014, 01:23:45 PM Marcel Popescu aka NotLambchop -
continuing your illegal commercial attacks on legitimate US businessmen and their companies will do you no favours. Infact quite the opposite. Enjoy your time at US hospitality. Edit what giant pic? It's the FBI wanted poster. You should be careful about criticizing the FBI's choice of typeface. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 02, 2014, 01:36:11 PM Does this sound familiar?
'Romanian notoriety In a recorded conversation, the FBI said Mr Popescu boasted that he was "beyond the reach" of US authorities. Romania has gained increasing notoriety as a hub for cybercrime.' http://www.bbc.co.uk/news/technology-24662263 (http://www.bbc.co.uk/news/technology-24662263) MP> Tell me what law I've broken? FBI> How long you got? MP> BTC isn't REAL money you know? FBI> Just watch your head getting into the van. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 02, 2014, 01:57:15 PM If you are familiar with Mr Manson and his time in San Quentin you should have some sort of idea what's coming to you. If you can get your hands on a guitar do it - otherwise don't expect too many TV crew visits and, as always, there will be another parole hearing a few years down the line.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Snail2 on April 03, 2014, 09:08:52 AM As I see the SEC asking for information about Eric Voorhees not about MPEx, so I think at this time EV is the one to worry not MP. You guys shouldn't let your feelings to mislead your situation awareness :).
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 03, 2014, 11:37:06 AM As I see the SEC asking for information about Eric Voorhees not about MPEx, so I think at this time EV is the one to worry not MP. You guys shouldn't let your feelings to mislead your situation awareness :). Where did you get that from? The SEC have contacted Popescu and requested an interview with him (by phone) which he denied them. If you think that means they will not be interested in him you are crazy. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Phildo on April 03, 2014, 01:14:16 PM As I see the SEC asking for information about Eric Voorhees not about MPEx, so I think at this time EV is the one to worry not MP. You guys shouldn't let your feelings to mislead your situation awareness :). Where did you get that from? The SEC have contacted Popescu and requested an interview with him (by phone) which he denied them. If you think that means they will not be interested in him you are crazy. Didn't they also interview Pirate's victims. you guys are making huge jumps in this post. They are probably looking at him, but people are acting like they have announced an arrest warrent or something. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 03, 2014, 01:37:06 PM @Phildo: OP of this thread, Herp, snapped after discovering that his buddy NeoDanny accidently all the bitcoin and he wasn't going to be the next Rothschild. He has been banned from this forum.
The minerpart d00d invested in an elderly alcoholic from Missouri, with pretty much the same results. Who woulda thunked? Anyhow, they provide us the much-needed comic relief in these unpleasant times, every soul is useful. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 03, 2014, 01:46:43 PM Didn't they also interview Pirate's victims. err Yes but Popescu is the operator of an illegal Securities exchange/Ponzi scheme not a fraud victim. I know being interviewed does not imply guilt but you have to see why the interview is requested. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 03, 2014, 01:52:27 PM Lol, the irony of you calling *anything* fraud when Ken Slaughter, the guy you're shilling for, is under investigation for securities fraud (according to Ken Slaughter himself, can't make this shit up!) ::)
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Phildo on April 03, 2014, 01:53:09 PM Didn't they also interview Pirate's victims. err Yes but Popescu is the operator of an illegal Securities exchange/Ponzi scheme not a fraud victim. I know being interviewed does not imply guilt but you have to see why the interview is requested. According to the letter from the SEC, they wanted info on S.DICE. it's a leap to say they are accusing MP of wrongdoing, it's another, bigger leap to say he's in danger of being extradited. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 03, 2014, 02:29:25 PM According to the letter from the SEC, they wanted info on S.DICE. it's a leap to say they are accusing MP of wrongdoing, it's another, bigger leap to say he's in danger of being extradited. He has done some serious things and he has also conspired to commit blackmail against US businesses with pankkake his paid whore. They will both get a free ticket to the US. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 02:49:07 PM Didn't they also interview Pirate's victims. err Yes but Popescu is the operator of an illegal Securities exchange/Ponzi scheme not a fraud victim. I know being interviewed does not imply guilt but you have to see why the interview is requested. According to the letter from the SEC, they wanted info on S.DICE. it's a leap to say they are accusing MP of wrongdoing, it's another, bigger leap to say he's in danger of being extradited. Actually this is how things started for Liberty Reserve. First they received letters from US authorities and next thing they were all arrested. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 03, 2014, 02:56:05 PM Actually this is how things started for Liberty Reserve. First they received letters from US authorities and next thing they were all arrested. It's pretty standard procedure. You find out what they are going to give you and if it's not enough you make arrests. People tend to open up in a Police cell. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Phildo on April 03, 2014, 02:56:51 PM Didn't they also interview Pirate's victims. err Yes but Popescu is the operator of an illegal Securities exchange/Ponzi scheme not a fraud victim. I know being interviewed does not imply guilt but you have to see why the interview is requested. According to the letter from the SEC, they wanted info on S.DICE. it's a leap to say they are accusing MP of wrongdoing, it's another, bigger leap to say he's in danger of being extradited. Actually this is how things started for Liberty Reserve. First they received letters from US authorities and next thing they were all arrested. Next thing they were all arrested. 4 years after the CR authorities told them to get a license, 2 years after the US asked CR to investigate them, and after a multi-year investigation. Yup, definitely perfectly logical to assume that there are CIA guys on the way to put MP on a plane after this first letter that has nothing to do with anything. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 03, 2014, 03:00:07 PM @Phildo: OP of this thread, Herp, snapped after discovering that his buddy NeoDanny accidently all the bitcoin and he wasn't going to be the next Rothschild. He has been banned from this forum. The minerpart d00d invested in an elderly alcoholic from Missouri, with pretty much the same results. Who woulda thunked? Anyhow, they provide us the much-needed comic relief in these unpleasant times, every soul is useful. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 03:07:39 PM Thing is Liberty Reserve was complicated operation that reached all over the globe and involved many other foreign agencies. From info provided about this small exchange, things look pretty simple from a procedural standpoint. It will all end in few months time.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Snail2 on April 03, 2014, 03:49:35 PM As I see the SEC asking for information about Eric Voorhees not about MPEx, so I think at this time EV is the one to worry not MP. You guys shouldn't let your feelings to mislead your situation awareness :). Where did you get that from? The SEC have contacted Popescu and requested an interview with him (by phone) which he denied them. If you think that means they will not be interested in him you are crazy. From the Bloomberg article in OP :). They linked the letter form SEC in the "The SEC sent a letter asking MPEx, an online exchange for Bitcoin-based trading, to provide contracts and other documents relating to SatoshiDice.com, according to a copy of the request posted on the website trilema.com." part. You can see here: http://trilema.com/wp-content/uploads/2014/03/2014-0303-popescu-mpex.pdf (http://trilema.com/wp-content/uploads/2014/03/2014-0303-popescu-mpex.pdf) But probably you know more than me, because of I haven't heard about the denied phone interview. Could you tell me where can I find more details, please? Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 03:50:36 PM Actually this is how things started for Liberty Reserve. First they received letters from US authorities and next thing they were all arrested. It's pretty standard procedure. You find out what they are going to give you and if it's not enough you make arrests. People tend to open up in a Police cell. By the looks of things owner didn't cooperate much, by the contrary, he was pretty defiant. Even if he chooses to cooperate, they might still take him in for direct talks and put a freeze on exchange funds and assets. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: thekekk on April 03, 2014, 03:53:00 PM There is a priority list you cannot jump from 15 to 18
Quote 1. BTC980,000*. Satoshi Nakamoto 2. BTC400,000*. HD Moore (AHA) 3. BTC400,000*. Dustin D. Trammell (AHA) 4. BTC400,000*. Tod Beardsley (AHA) 5. BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR" 6. BTC300,000. Roger Ver 7. BTC300,000*. "knightmb" 8. BTC200,000. Mark Karpeles 8.5 BTC182,592. "Loaded" 9. BTC174,000*. FBI (Federal Bureau of Investigation, USA) 10. BTC119,000. AsicMiner Management Team of 3 (names?) 11. BTC110,000. Cameron and Tyler Winklevoss 12. BTC100,000. "klaus" 13. BTC100,000. "mezzomix" 14. BTC75,000. "artforz" 15. BTC70,000. Erik Voorhees 17. BTC30,000. "nakowa" 18. BTC30,000. Mircea Popescu 19. BTC30,000. "Goat" 20. BTC25,000. Chamath Palihapitiya 21. BTC25,000. Gavin Andresen 22. BTC20,000. Max Keiser 23. BTC20,000. "Theymos" Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 04:23:48 PM There is a priority list you cannot jump from 15 to 18 Quote 1. BTC980,000*. Satoshi Nakamoto 2. BTC400,000*. HD Moore (AHA) 3. BTC400,000*. Dustin D. Trammell (AHA) 4. BTC400,000*. Tod Beardsley (AHA) 5. BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR" 6. BTC300,000. Roger Ver 7. BTC300,000*. "knightmb" 8. BTC200,000. Mark Karpeles 8.5 BTC182,592. "Loaded" 9. BTC174,000*. FBI (Federal Bureau of Investigation, USA) 10. BTC119,000. AsicMiner Management Team of 3 (names?) 11. BTC110,000. Cameron and Tyler Winklevoss 12. BTC100,000. "klaus" 13. BTC100,000. "mezzomix" 14. BTC75,000. "artforz" 15. BTC70,000. Erik Voorhees 17. BTC30,000. "nakowa" 18. BTC30,000. Mircea Popescu 19. BTC30,000. "Goat" 20. BTC25,000. Chamath Palihapitiya 21. BTC25,000. Gavin Andresen 22. BTC20,000. Max Keiser 23. BTC20,000. "Theymos" Interesting. So with this investigation the US can take down two birds with one stone as they are both high profile targets. More bragging rights for SEC. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: TooDumbForBitcoin on April 03, 2014, 04:35:05 PM There is a priority list you cannot jump from 15 to 18 Quote 1. BTC980,000*. Satoshi Nakamoto 2. BTC400,000*. HD Moore (AHA) 3. BTC400,000*. Dustin D. Trammell (AHA) 4. BTC400,000*. Tod Beardsley (AHA) 5. BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR" 6. BTC300,000. Roger Ver 7. BTC300,000*. "knightmb" 8. BTC200,000. Mark Karpeles 8.5 BTC182,592. "Loaded" 9. BTC174,000*. FBI (Federal Bureau of Investigation, USA) 10. BTC119,000. AsicMiner Management Team of 3 (names?) 11. BTC110,000. Cameron and Tyler Winklevoss 12. BTC100,000. "klaus" 13. BTC100,000. "mezzomix" 14. BTC75,000. "artforz" 15. BTC70,000. Erik Voorhees 17. BTC30,000. "nakowa" 18. BTC30,000. Mircea Popescu 19. BTC30,000. "Goat" 20. BTC25,000. Chamath Palihapitiya 21. BTC25,000. Gavin Andresen 22. BTC20,000. Max Keiser 23. BTC20,000. "Theymos" Tell that to #16 Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 04:48:53 PM Quote Subject: Message for Mircea Popescu from U.S. SEC From: “Waxman, Daphna A.” waxman Date: Mon, March 3, 2014 11:22 am To: officeoffice Dear Mr. Popescu, I have attached a formal letter requesting that MPEx voluntarily provide certain information and documentation to the SEC staff. I hope that the information contained in the letter satisfies your below concerns. I appreciate your willingness to discuss these important issues and am available to discuss any additional questions you may have. Thank you, Daphna Waxman followed by defiant reply: Quote Subject: Message for Mircea Popescu from U.S. SEC From: “‘officeoffice Date: Tue, March 4, 2014 7:43 am To: “Waxman, Daphna A.” waxman While I appreciate your efforts to qualify for an information exchange agreement with MPEx, as well as your narrow satisfaction of the response timeline I publicly outlinediii, and while these constitute in my estimation significant progress towards building a solid platform upon which to further our shared goals, nevertheless substantial hurdles still remain to be overcome in this process. As a key step, the commissioners of the SEC are to at their earliest convenience adopt a resolution, to be jointly drafted at expert level, which is to include a) a plain statement of the SEC’s lack of jurisdiction with regards to Bitcoin, thus alligning itself with the position of the US FED and the US GAO ; b) a statement recognising MPEx’ regulatory authority over Bitcoin finance as a SRO ; c) an appointment of any one of the commissioners as authorised Bitcoin liaison, which would include the creation of a dedicated PGP key and a Web of Trust membership, which would be recognised as such by MPEx, and on the basis of which all further communication is to be conducted, as well as minimal technical provisions for the operation of this system ; as well as further points as the parties may deem expedient. This will both provide a solid basis for future, continued cooperation as well as conveniently insulate either party from unwelcome legal and technical complexities. Kindly let me know as soon as you are ready to proceed. All the best, Mircea Popescu I think it's pretty clear what happens next. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 03, 2014, 04:49:05 PM I haven't heard about the denied phone interview. Could you tell me where can I find more details, please? Use google, this story is everywhere. If he often dresses like this they will have zero problem finding him - even in Romania this look is pretty special. http://www.ihavebitcoins.com/featured/sec-asked-romanian-bitcoin-ceo-private-data-response/ (http://www.ihavebitcoins.com/featured/sec-asked-romanian-bitcoin-ceo-private-data-response/) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 03, 2014, 04:56:42 PM I haven't heard about the denied phone interview. Could you tell me where can I find more details, please? Use google, this story is everywhere. If he often dresses like this they will have zero problem finding him - even in Romania this look is pretty special. http://www.ihavebitcoins.com/featured/sec-asked-romanian-bitcoin-ceo-private-data-response/ (http://www.ihavebitcoins.com/featured/sec-asked-romanian-bitcoin-ceo-private-data-response/) Lol this image is too perfect. http://www.ihavebitcoins.com/wp-content/uploads/2014/03/I-Have-Bitcoins-The-SEC-asked-this-Romanian-Bitcoin-CEO-for-private-data-Here-is-his-response.png No surprise mircea dresses like that. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 04:57:48 PM I haven't heard about the denied phone interview. Could you tell me where can I find more details, please? Use google, this story is everywhere. If he often dresses like this they will have zero problem finding him - even in Romania this look is pretty special. http://www.ihavebitcoins.com/featured/sec-asked-romanian-bitcoin-ceo-private-data-response/ (http://www.ihavebitcoins.com/featured/sec-asked-romanian-bitcoin-ceo-private-data-response/) This blew me away. This part: Quote In the spirit of candor, let me make it perfectly clear that what’s being discussed here is nothing else and nothing short of the SEC’s ultimate relevancy and importance in the Bitcoin space, and so far I am not particularly impressed. Let us work together to improve upon this shaky basis if at all possible. All the best, Mircea Popescu He really made SEC want to go after him. They will do so just to set an example. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 03, 2014, 05:03:54 PM He really made SEC want to go after him. They will do so just to set an example. You forgot the best part: Quote As a key step, the commissioners of the SEC are to at their earliest convenience adopt a resolution, to be jointly drafted at expert level, which is to include a) a plain statement of the SEC’s lack of jurisdiction with regards to Bitcoin, thus alligning itself with the position of the US FED and the US GAO ; b) a statement recognising MPEx’ regulatory authority over Bitcoin finance as a SRO Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 05:06:59 PM He really made SEC want to go after him. They will do so just to set an example. You forgot the best part: Quote As a key step, the commissioners of the SEC are to at their earliest convenience adopt a resolution, to be jointly drafted at expert level, which is to include a) a plain statement of the SEC’s lack of jurisdiction with regards to Bitcoin, thus alligning itself with the position of the US FED and the US GAO ; b) a statement recognising MPEx’ regulatory authority over Bitcoin finance as a SRO If this isn't provocation of most direct kind not sure what is. SEC is probably all guns blazing now working to nail him. I'd be surprised if he's not arrested by August the latest. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Ozymandias2 on April 03, 2014, 05:20:25 PM Is it possible to drown in popcorn?
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 03, 2014, 05:47:45 PM When they come to take him into custody I predict latex gloves all round - would you want to touch the bare skin of such a creature? Don't know what but you would definately catch something. Urgh
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 05:53:07 PM When they come to take him into custody I predict latex gloves all round - would you want to touch the bare skin of such a creature? Don't know what but you would definately catch something. Urgh Honestly won't surprise me one bit guy actually wants to get arrested, being the media craving attention honey that he is. This will be one one fun trial to watch. Answer is yes, to answer previous popcorn question. You can and most likely will drown on popcorn watching this upcoming trial circus unfold. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 03, 2014, 06:33:07 PM Looks like guy is talking from podium in this video http://vimeo.com/11567870
Very likely we'll see roles reversed pretty soon. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Stuartuk on April 04, 2014, 04:06:45 PM Looks like guy is talking from podium in this video http://vimeo.com/11567870 Very likely we'll see roles reversed pretty soon. Excellent find - yes it's him at some seminar at his local college. Seems to be there to talk about 'Practical Political Theory'. I'm guessing he is a post-grad and is doing some part-time lecturing. Not a difficult job to get I've seen some really crappy part-time lecturers at colleges and Uni. This one is him too and it's hilarious. One man is not so impressed with what Popescu is saying at this meeting and spends 4mins shouting at him. It sounds like he is telling him he's talking shit! Looks like some sort of local residents meeting where he has been given a slot to talk at. http://vimeo.com/7125141 (http://vimeo.com/7125141) The highlights are at 1:15 when after just one minute of talking Popescu stops pacing up and down like Mussolini, totally forgets what he is saying, looks down at his notes, uncomfortable silence, flicks through notes (!) then the guy at the back takes over and tells him he's a dick. Popescu looks up like a startled fairy! The other highlight is 4:30 - listen to the tone of Popescu's voice! He keeps getting higher and higher until he finally sounds like a gnome on helium! This is comedy gold. What a twat of a man Popescu is - a Smurf of a man. And total respect to the old dude who has been round long enough to call out Bullshit when he sees it even at a public meeting. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 04, 2014, 04:16:51 PM Looks like guy is talking from podium in this video http://vimeo.com/11567870 Very likely we'll see roles reversed pretty soon. Excellent find - yes it's him at some seminar at his local college. Seems to be there to talk about 'Practical Political Theory'. I'm guessing he is a post-grad and is doing some part-time lecturing. Not a difficult job to get I've seen some really crappy part-time lecturers at colleges and Uni. This one is him too and it's hilarious. One man is not so impressed with what Popescu is saying at this meeting and spends 4mins shouting at him. It sounds like he is telling him he's talking shit! Looks like some sort of local residents meeting where he has been given a slot to talk at. http://vimeo.com/7125141 (http://vimeo.com/7125141) The highlights are at 1:15 when after just one minute of talking Popescu stops pacing up and down like Mussolini, totally forgets what he is saying, looks down at his notes, uncomfortable silence, flicks through notes (!) then the guy at the back takes over and tells him he's a dick. Popescu looks up like a startled fairy! The other highlight is 4:30 - listen to the tone of Popescu's voice! He keeps getting higher and higher until he finally sounds like a gnome on helium! This is comedy gold. What a twat of a man Popescu is - a Smurf of a man. And total respect to the old dude who has been round long enough to call out Bullshit when he sees it even at a public meeting. Piece of resistance hasn't been released yet. It will be him sitting on the opposite side of the podium at his trial, throwing insane drivel & nonsense at the judge. Not enough popcorn in the world for such display of idiocracy. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Stuartuk on April 04, 2014, 04:33:28 PM It will be him sitting on the opposite side of the podium at his trial, throwing insane drivel & nonsense at the judge. Not enough popcorn in the world for such display of idiocracy. You are so right! He would undoubtedly act as his own defence lawyer (he is so sure of his own abilities and all the ego-maniacs do that) and would have a huge folder of papers and supporting evidence that proves he is right and that the SEC and FBI are completely wrong. I don't doubt it would be a highly entertaining trial too, and also that he would go down screaming about his innocence - something along the lines of 'HOW DARE YOU DO THIS TO ME!' 'I'VE BROKEN NO LAWS' as he is dragged to the cells. And he will believe he is innocent too. Such an arrogant self-satisfied individual. The fact he had/has ambitions to get into Politics is quite a scary thought. Thankfully he has none of the charisma or public appeal that would ever give him a chance of gaining popular support at any level - look at how he ignites outrage after just a minute of talking and strutting around like a little dictator! God knows what he would be capable of though. Potentially the new Milosevic - when sociopathic men with no morals and deep deep disregard for others get into Politics people die. He has ended up in Bitcoin, that's tough for us to deal with, but for the sake of Romania it could be for the best. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 04, 2014, 04:44:56 PM It will be him sitting on the opposite side of the podium at his trial, throwing insane drivel & nonsense at the judge. Not enough popcorn in the world for such display of idiocracy. You are so right! He would undoubtedly act as his own defence lawyer (he is so sure of his own abilities and all the ego-maniacs do that) and would have a huge folder of papers and supporting evidence that proves he is right and that the SEC and FBI are completely wrong. I don't doubt it would be a highly entertaining trial too, and also that he would go down screaming about his innocence - something along the lines of 'HOW DARE YOU DO THIS TO ME!' 'I'VE BROKEN NO LAWS' as he is dragged to the cells. And he will believe he is innocent too. Such an arrogant self-satisfied individual. The fact he had/has ambitions to get into Politics is quite a scary thought. Thankfully he has none of the charisma or public appeal that would ever give him a chance of gaining popular support at any level - look at how he ignites outrage after just a minute of talking and strutting around like a little dictator! God knows what he would be capable of though. Potentially the new Milosevic - when sociopathic men with no morals and deep deep disregard for others get into Politics people die. He has ended up in Bitcoin, that's tough for us to deal with, but for the sake of Romania it could be for the best. Funny how transparent and easy to read this guy is. I've pictured something very similar. He will kick and scream trying to put up his own defense, using big chunk of useless documents all the way to his prison cell. Judging by how duplicitous and manipulative the guy is, wouldn't surprise me he already ratted out his shareholders and Erik Vorhees, hoping to dodge extradition. He kinda` misses one important point, though. That he's a prime target himself, high on btc owner list and SEC regulator would love to have two high profile names under his belt. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Stuartuk on April 04, 2014, 04:57:59 PM You are right. Rats always snitch on each other and all of these dirty players are classic rats, hiding behind their numerous false accounts on here.
Popescu's best buddy the Frenchman pankkake is also in this deep. He has taken money from MP to carryout attacks on all things not MPEx. Pankkake knows enough to put MP behind bars for blackmail, extortion, commercial attacks. If the FBI put pressure on pankkake he will talk. The French bow to pressure very easily. Always have. For his commercial attacks alone Popescu could be fined up to 30% of his annual turnover/sales under EU law. That alone would bankrupt him and his business. He can also face prison (in some EU states) for infringing EU competition laws. http://europa.eu/youreurope/business/sell-abroad/free-competition/index_en.htm# (http://europa.eu/youreurope/business/sell-abroad/free-competition/index_en.htm#) Ofcourse that is the second danger he faces if the FBI don't get him. But they will. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Aditya on April 04, 2014, 05:50:12 PM To be honest, buying IPO and selling shares without SEC regulation is somewhat SCAM prone
No independent audit No financial statement The company maybe doing Ponzi scheme Market manipulation Insider trading etc... Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 05, 2014, 08:22:31 PM You are right. Rats always snitch on each other and all of these dirty players are classic rats, hiding behind their numerous false accounts on here. Popescu's best buddy the Frenchman pankkake is also in this deep. He has taken money from MP to carryout attacks on all things not MPEx. Pankkake knows enough to put MP behind bars for blackmail, extortion, commercial attacks. If the FBI put pressure on pankkake he will talk. The French bow to pressure very easily. Always have. For his commercial attacks alone Popescu could be fined up to 30% of his annual turnover/sales under EU law. That alone would bankrupt him and his business. He can also face prison (in some EU states) for infringing EU competition laws. http://europa.eu/youreurope/business/sell-abroad/free-competition/index_en.htm# (http://europa.eu/youreurope/business/sell-abroad/free-competition/index_en.htm#) Ofcourse that is the second danger he faces if the FBI don't get him. But they will. I wonder how far they are into this operation. I'd say they're at least half way there. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: andyfletcher on April 05, 2014, 09:22:23 PM There are jurisdictional issues involved here. Contrary to the belief of many in this forum USA law doesn't apply in the rest of the world. The SEC like to claim that they have jurisdiction in other countries where services are sold to USA citizens however there are a lot of steps involved in any extradition process some of which will require a reasonable case to be put forward and that the person will get a fair trial.
In the case of Romania there may also be a requirement that the person did something which constituted an offence in their own country. They would also have to demonstrate that USA persons were targeted in the business offering. In this case there are also issues about the status of Bitcoin and which regulations it comes under - in both countries. It is worth considering a different scenario when discussing this. Suppose a USA person had a homosexual relationship with a Saudi Arabian in Chicago. Do you expect the USA to extradite the citizen to Saudi Arabia to stand trial? There are a lot of differences in these two cases but it should be clear that extradition etc is never a completely predictable or straightforward situation. Regarding the SEC claim that Mircea Popescu should pass over sensitive information to them about a client. The EU regulations refer to "natural persons" not EU citizens so without a "safe harbour agreement" or direction from EU law enforcement the correct procedure is to decline and the SEC staff should know that. Their claim that it would be OK is erroneous in fact and makes me wonder what else they are wrong about. I am not a lawyer but have dealt with data protection on and off for several years. Andy Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 05, 2014, 09:36:21 PM @andyfletcher
Just look into the Liberty Reserve incident where US arrested two individuals in Costa Rica and Spain (EU) on very similar chargers. It's all there. No need for me to fill up a post on why that is. Just go look at the details. Romania is a very US friendly country. There was recent news US just increased its military presence in Romania http://www.armytimes.com/article/20140402/NEWS08/304020058/Additional-Marines-head-Romania-Russia-Ukraine-tensions-persist MPEx operates illegally in Romania. It's not registered as legitimate security exchange and it's not even registered as a company. So I'm pretty sure it also brakes Romanian laws. Money laundering charge can also be thrown in there. They can pile up sufficient evidence on him for a successful extradition. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: andyfletcher on April 05, 2014, 09:58:14 PM @andyfletcher Just look into the Liberty Reserve incident where US arrested two individuals in Costa Rica and Spain (EU) on very similar chargers. It's all there. No need for me to fill up a post on why that is. Just go look at the details. Romania is a very US friendly country. There was recent news US just increased its military presence in Romania http://www.armytimes.com/article/20140402/NEWS08/304020058/Additional-Marines-head-Romania-Russia-Ukraine-tensions-persist MPEx operates illegally in Romania. It's not registered as legitimate security exchange and it's not even registered as a company. So I'm pretty sure it also brakes Romanian laws. Money laundering charge can also be thrown in there. They can pile up sufficient evidence on him for a successful extradition. I've read about Liberty Reserve and the situation is very different - for a start MPEx only deals with BTC. You assume they should register as a security exchange? That depends on Rumanian law and the EU directives which have been adopted. Same for money laundering, depends if you classify it as a money transmitting business. These things are never straightforward, ask a lawyer about it. Maybe you are an expert on EU and Rumanian law, I'm not, but have read enough over the years to know it can be complex, I've also had to deal with the tax, VAT, financial and export regulations in several EU states and much of that is incomprehensible to mere mortals. There is a lot of FUD going around here and in the N&B forums. People are upset and many have lost btc for various reasons including inexperience. A rational discussion would be helpful. These public wars damage Bitcoin and I find that unacceptable. Andy Full disclosure: I'm not a "supporter" of MPEx and don't have any btc in it and just to be clear have never been offered anything to defend it. I have a nominal 87 shares in N&B but I don't think that is enough of a holding to bring my integrity into doubt. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 05, 2014, 10:07:13 PM @andyfletcher
Quote A rational discussion would be helpful. These public wars damage Bitcoin and I find that unacceptable. MPEx doesn't care about that. He only cares about trashing and backstabbing his competition in dirtiest way possible. You are preaching to the wrong crowd. Why don't you go to the N&B thread if you're so genuinely concerned and call out the FUD there? Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Darkstone2 on April 05, 2014, 11:00:12 PM @andyfletcher Quote A rational discussion would be helpful. These public wars damage Bitcoin and I find that unacceptable. MPEx doesn't care about that. He only cares about trashing and backstabbing his competition in dirtiest way possible. You are preaching to the wrong crowd. Why don't you go to the N&B thread if you're so genuinely concerned and call out the FUD there? You don't seem all to concerned with 'trashing and backstabbing in the dirtiest way possible' either.. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 05, 2014, 11:07:50 PM @andyfletcher Quote A rational discussion would be helpful. These public wars damage Bitcoin and I find that unacceptable. MPEx doesn't care about that. He only cares about trashing and backstabbing his competition in dirtiest way possible. You are preaching to the wrong crowd. Why don't you go to the N&B thread if you're so genuinely concerned and call out the FUD there? You don't seem all to concerned with 'trashing and backstabbing in the dirtiest way possible' either.. People need to ask themselves what will happen to the MPEx funds or assets once MP is taken in. Are they ready to take on that risk, especially when the extradition can happen any day now? Taking such risk of holding assets or funds on MPEx exchange is totally insane given the situation. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Darkstone2 on April 05, 2014, 11:15:51 PM That is not the question people should be asking.
The question people should be asking is what the evidence is. We have a company that's located somewhere in europe, and some US organization that apparently is unable to cite the laws broken by this organization. And that's enough evidence for herp to trash talk the entire operation. Good call. Let me know when the share price drops. Then i'll pick up some cheap shares. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 05, 2014, 11:22:44 PM Let me know when the share price drops. Then i'll pick up some cheap shares. Why dont you just ask MP? He is the only one trading/pumping his own stock. You call it a company but the rest of us call it a scheme one guy from romania set up in an afternoon. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 05, 2014, 11:28:48 PM Let me know when the share price drops. Then i'll pick up some cheap shares. Why dont you just ask MP? He is the only one trading/pumping his own stock. You call it a company but the rest of us call it a scheme one guy from romania set up in an afternoon. Let's not succumb to this collectivist Eastern Europe sucks mentality. Eastern Europe is not the issue here. Best Bitcoin exchange Bitstamp is operated from Slovenia and second best, BTC-e is run from Bulgaria. Some people don't have too many praises for South America and Panama either so let's not sink to this type of idiotic discourse please, m'kay?. MP and his dirty ways are the issue and it's just so ironic that it's now his turn to face the music. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 06, 2014, 12:33:04 PM ??? Not sure about the digging part but people are ditching your exchange en masse. I wonder if a ponzi lies there underneath that fake volume. Guess we'll find out soon enough when your bag holders begin mass panic btc withdrawals. I wish you more luck with this betting venture. Is that regulated gambling by the way? Do you accept US customers on that betting site? And yeah, I accept US customers, restamp their serial numbers, get them strung out on All Temperature Cheer, and ship them to Canadian laundromats. https://bitcointalk.org/index.php?topic=529946.msg6091245#msg6091245Oh, how they beg to be shipped. Yeah, I make them beg. You don't win many points with US regulators with this attitude. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 06, 2014, 01:42:52 PM US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young.
They are not a threat. ... ...the Lehman collapse of 2008, Bear Sterns fiasco, AIG bailout, Fannie & Freddi, the GM and Chrysler auto bailouts... I have enslaved Wall Street. The [once] men who ran those companies are now doing my bidding. Soon you too will stop sperging and bow down to mah will. Stupid Earthling >:( Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 06, 2014, 01:45:50 PM US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young. They are not a threat. ... ...the Lehman collapse of 2008, Bear Sterns fiasco, AIG bailout, Fannie & Freddi, the GM and Chrysler auto bailouts... I have enslaved Wall Street. The [once] men who ran those companies are now doing my bidding. Soon you too will stop sperging and bow down to mah will. Stupid Earthling >:( So what you're saying is that you've ratted out some of your customers and hope they are now off your back. Way to inspire investor confidence. Funny thing is they won't be off your back. Their questions were just Phase 1 before extradition. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 06, 2014, 01:55:38 PM US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young. They are not a threat. Yes reader, you are right, incredibly that is Mr Popescu talking about his 'business' MPEx. If you are invested in or through this scam site called MPEx you want to ask yourself if your money is in safe hands. This man is clearly a bit unhinged. He has no sense of objective reality, he is playing with fire by telling the SEC to fuck off and his reasoned position is - I can play these SEC for fools and they can't touch me. The facts are that the US extradite tens of people from Romania each year and most of them for internet fraud. Romania is a well known fraudster hotspot and the US and Romanian authorities are working together in putting these scum behind bars. Romania is very keen to integrate into the European Union and to do that they comply with all legitimate extradition requests just like any other civilized nation state. The first you will know about the successful extradition of MP will be when his site is frozen by the FBI and all stocks and funds on it and in MP's accounts are frozen. That cash will never be returned to you, it will be categorized as the proceeds of crime and confiscated. If you value your money act now and remove it from the control of MP. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 06, 2014, 01:59:48 PM US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young. They are not a threat. ... ...the Lehman collapse of 2008, Bear Sterns fiasco, AIG bailout, Fannie & Freddi, the GM and Chrysler auto bailouts... I have enslaved Wall Street. The [once] men who ran those companies are now doing my bidding. Soon you too will stop sperging and bow down to mah will. Stupid Earthling >:( So what you're saying is that you've ratted out some of your customers and hope they are now off your back. Way to inspire investor confidence. Funny thing is they won't be off your back. Their questions were just Phase 1 before extradition. Our investor[ s] are [is] a hyperinteligent gas. It is no more possible to rat out our investor[ s] to US regulators than it is to rat out your universe to an ant. Breeding pod minerpart: huffing gas is detrimental to "your" cerebral cortex, from which our young draw nourishment. You will now be detoxified. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 06, 2014, 02:04:35 PM US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young. They are not a threat. ... ...the Lehman collapse of 2008, Bear Sterns fiasco, AIG bailout, Fannie & Freddi, the GM and Chrysler auto bailouts... I have enslaved Wall Street. The [once] men who ran those companies are now doing my bidding. Soon you too will stop sperging and bow down to mah will. Stupid Earthling >:( So what you're saying is that you've ratted out some of your customers and hope they are now off your back. Way to inspire investor confidence. Funny thing is they won't be off your back. Their questions were just Phase 1 before extradition. Our investor[ s] are [is] a hyperinteligent gas. It is no more possible to rat out our investor[ s] to US regulators than it is to rat out your universe to an ant. Same as most statements coming from MP, this one as well makes absolutely no sense. Care to rephrase it? Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 06, 2014, 02:05:00 PM Our investor[ s] are [is] a hyperinteligent gas. It is no more possible to rat out our investor[ s] to US regulators than it is to rat out your universe to an ant. You sound like a five year old yet you are supposed to be a CEO. In one recent post on your blog you mention getting stoned on drugs because of the pressure you are facing over the extradition. :-\ MPEx investors - the guy is a stoner and he is in denial on the upcoming reality. Many of his posts are unintelligible, he is likely a heavy user. Take your money back while you still can. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 06, 2014, 02:08:25 PM US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young. They are not a threat. ... ...the Lehman collapse of 2008, Bear Sterns fiasco, AIG bailout, Fannie & Freddi, the GM and Chrysler auto bailouts... I have enslaved Wall Street. The [once] men who ran those companies are now doing my bidding. Soon you too will stop sperging and bow down to mah will. Stupid Earthling >:( So what you're saying is that you've ratted out some of your customers and hope they are now off your back. Way to inspire investor confidence. Funny thing is they won't be off your back. Their questions were just Phase 1 before extradition. Our investor[ s] are [is] a hyperinteligent gas. It is no more possible to rat out our investor[ s] to US regulators than it is to rat out your universe to an ant. Same as most statements coming from MP, this one as well makes absolutely no sense. Care to rephrase it? Your mind is obsolete. It was not designed to comprehend. Human. @Breeding pod minerpart: your wellbeing is important to our plan. Do continue brushing your teeth and other rituals of human personal hygiene. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 06, 2014, 02:57:18 PM Our investor[ s] are [is] a hyperinteligent gas. It is no more possible to rat out our investor[ s] to US regulators than it is to rat out your universe to an ant. You sound like a five year old yet you are supposed to be a CEO. In one recent post on your blog you mention getting stoned on drugs because of the pressure you are facing over the extradition. :-\ MPEx investors - the guy is a stoner and he is in denial on the upcoming reality. Many of his posts are unintelligible, he is likely a heavy user. Take your money back while you still can. This article right? http://trilema.com/2014/list-of-what-to-do-while-youre-awaiting-drone-attacks-armed-with-extradition-bombs-and-other-weird-forum-shit/ Good stuff. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NanoAkron on April 06, 2014, 09:15:52 PM I personally suspect MP owns quite a few shares in most of the listings on Havelock, just so that he can dump them if they threaten to actually succeed as businesses.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 06, 2014, 09:22:20 PM Other than the joy of pissing away money, how would he profit?
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 06, 2014, 09:23:52 PM I personally suspect MP owns quite a few shares in most of the listings on Havelock, just so that he can dump them if they threaten to actually succeed as businesses. That won't have much impact actually because said businesses already raised IPO money, unless he messes with the IPO process, which he did several times. Most Havelock listings are not actual shares that give control in the company so you don't impact the company much by buying them after IPO ends. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 06, 2014, 09:49:21 PM Other than the joy of pissing away money, how would he profit? This guy is now talking about himself in the third person. Are you so Stoned that you have forgotten who you are? Wake up Marcel. Avortonule. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 06, 2014, 09:51:37 PM Other than the joy of pissing away money, how would he profit? This guy is now talking about himself in the third person. Are you so Stoned that you have forgotten who you are? He's back in character again. ;) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 06, 2014, 10:07:24 PM Oshi! Right. You've yet again managed to see through my flimsy facade.
Back to hyperintelligent gas, then. US regulators have been repurposed into feedbag incubators, already seeded with the spores of our young. They are not a threat. ... ...the Lehman collapse of 2008, Bear Sterns fiasco, AIG bailout, Fannie & Freddi, the GM and Chrysler auto bailouts... I have enslaved Wall Street. The [once] men who ran those companies are now doing my bidding. Soon you too will stop sperging and bow down to mah will. Stupid Earthling >:( So what you're saying is that you've ratted out some of your customers and hope they are now off your back. Way to inspire investor confidence. Funny thing is they won't be off your back. Their questions were just Phase 1 before extradition. Our investor[ s] are [is] a hyperintelligent gas. It is no more possible to rat out our investor[ s] to US regulators than it is to rat out your universe to an ant. Same as most statements coming from MP, this one as well makes absolutely no sense. Care to rephrase it? Your mind is obsolete. It was not designed to comprehend. Human. @Breeding pod minerpart: your wellbeing is important to our plan. Do continue brushing your teeth and other rituals of human personal hygiene. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: usagi on April 07, 2014, 03:31:54 AM Popescu's best buddy the Frenchman pankkake is also in this deep. He has taken money from MP to carryout attacks on all things not MPEx. Pankkake knows enough to put MP behind bars for blackmail, extortion, commercial attacks. If the FBI put pressure on pankkake he will talk. For his commercial attacks alone Popescu could be fined up to 30% of his annual turnover/sales under EU law. That alone would bankrupt him and his business. He can also face prison (in some EU states) for infringing EU competition laws. I wonder how far they are into this operation. I'd say they're at least half way there. There are jurisdictional issues involved here. Contrary to the belief of many in this forum USA law doesn't apply in the rest of the world. The SEC like to claim that they have jurisdiction in other countries where services are sold to USA citizens however there are a lot of steps involved in any extradition process some of which will require a reasonable case to be put forward and that the person will get a fair trial. [...] I am not a lawyer but have dealt with data protection on and off for several years. Typically in a case like this when you are sent a letter, they already have you. I'll refrain from speculating further, I wouldn't want to spoil anything. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 07, 2014, 01:51:36 PM Popescu's best buddy the Frenchman pankkake is also in this deep. He has taken money from MP to carryout attacks on all things not MPEx. Pankkake knows enough to put MP behind bars for blackmail, extortion, commercial attacks. If the FBI put pressure on pankkake he will talk. For his commercial attacks alone Popescu could be fined up to 30% of his annual turnover/sales under EU law. That alone would bankrupt him and his business. He can also face prison (in some EU states) for infringing EU competition laws. I wonder how far they are into this operation. I'd say they're at least half way there. There are jurisdictional issues involved here. Contrary to the belief of many in this forum USA law doesn't apply in the rest of the world. The SEC like to claim that they have jurisdiction in other countries where services are sold to USA citizens however there are a lot of steps involved in any extradition process some of which will require a reasonable case to be put forward and that the person will get a fair trial. [...] I am not a lawyer but have dealt with data protection on and off for several years. Typically in a case like this when you are sent a letter, they already have you. I'll refrain from speculating further, I wouldn't want to spoil anything. Pretty spot on I'd say. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 07, 2014, 01:55:06 PM ... Pretty spot on I'd say. Then again, you also "invested" in NeoBee :D Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 07, 2014, 02:26:05 PM ... Pretty spot on I'd say. Then again, you also "invested" in NeoBee :D Let's wait and see who gets the last laugh, shall we? Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: sporket on April 07, 2014, 02:39:57 PM ... Pretty spot on I'd say. Then again, you also "invested" in NeoBee :D Let's wait and see who gets the last laugh, shall we? No need. Your "investment" could be replicated today for a small fraction of the coin you've spent on it. Regardless of future prices, you've become the fodder for poignant cautionary tales -- told by caring mothers to their darling playvestors. http://s4.postimg.org/3yds5pvct/neo2.jpg Mah frickin' sides :D Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Luttinen on April 07, 2014, 07:53:50 PM I'd be out living the high life if I were you, trying to enjoy freedom. Wasting precious time trolling forums isn't the best use of your time at this point.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 14, 2014, 11:59:08 PM Yeah but he keeps doing it - he just poked his nose into an ActM Poll thread. Absolutely nothing to do with him but he can't help himself proving a point and stroking his own ego.
Which is exactly what will get him locked up by US authorities. He can't simply comply with the SEC request for info, no he just HAS to take the piss, shout from the roof-tops that he is right and untouchable. His massive ego will be the end of him. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Simon Templar on April 15, 2014, 03:42:41 AM Seriously, you guys need to get some sleep. MP is fucked either way.
It took a long time to get Abu Hamzar extradited from the UK but it happened. The reality is the World is not as big as it once was and international bureaucracy ain't nothing when they figure that this guy is a terrorism risk. He's a loose canon with a trigger finger on billions of US dollars. I'd run to the hills and burn my hard drive if I had prior dealings with this target. Water boarding could become a regular routine when US GOV get their fingers on him. They have a bug I their ass from his arrogant and hostile emails, least of all the crimes he's committed against US citizens throughout the three year scam. It's gonna get very ugly very quickly so stock up on popcorn folks, this will eventually make the major news channels briefly, and no-one will give a flying fuck. Least of all us. The following day he'll be imprisoned indefinitely and his defence lawyers will bleed him dry and lie to him that his money will win his freedom. Uh-uh, might work in your country buddie, but us Americans will see justice prevail because you can't buy your way out of a good US Penitentiary seeing too. :D Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Stuartuk on April 16, 2014, 03:41:03 PM Had a quick look at Mircea Popescu's defense - 'tell me what law have I done broke huh? You can't do nuthin to me unless you tell me what law I done brokes'
Well....running an unlicensed Securities Exchange is illegal in both the US and Romania. As is offering falsely presented stocks and shares and manipulating the shares traded volume and share price. U.S.-ROMANIA EXTRADITION TREATY OVERVIEW Article 1 obligates each Party to extradite to the other, pursuant to the provisions of the Treaty, persons whom the authorities in the Requesting State have charged with, found guilty of, or convicted of an extraditable offense. Extraditable Offences An offence shall be an extraditable offence if it is punishable under the laws in both Parties by deprivation of liberty for a period of more than one year... http://www.foreign.senate.gov/imo/media/doc/treaty_110-11.pdf Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 16, 2014, 03:51:02 PM Pretty hilarious that you're obsessing with some Romanian d00d while your own CEO, Ken Slaughter, is being investigated by Missouri Securities Division.
How's that going, BTW, noticed that Ken doesn't like to chat about that much. Everything good? Still trying to put them lulzy virtual profit shares on virtually any exchange? Good luck! :) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Stuartuk on April 16, 2014, 10:59:06 PM Pretty hilarious that you're obsessing with some Romanian d00d while your own CEO, Ken Slaughter, is being investigated by Missouri Securities Division. How's that going, BTW, noticed that Ken doesn't like to chat about that much. Everything good? Still trying to put them lulzy virtual profit shares on virtually any exchange? Good luck! :) Lol this thread is about you and your customers. Care to tell us what will happen to your exchange when the Romanian Police turn up at you door to execute the extradition request? Will the SEC give your customers their money back or will they seize all monies as proceeds of crime? What do YOU think about that Mr Popescu? I'm not obsessed about you atall, I just react everytime you mention ACtM. You are the one who has spent 8months Trolling ACtM! A grown man with a potentially workable online exchange and what did you do? Throw it all away. They are coming for you - because YOU MADE THEM! lolZZZZy Look up 'self-sabotage' you have a lot to learn about yourself. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: freedomno1 on April 17, 2014, 12:36:19 AM I like how Mircea before she got banned posted the EXACT SEC letter for all of us to read
It's also on trilema lol so this was non-news to me Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 17, 2014, 12:38:23 AM @Stuartuk:
Quote Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Anotheranonlol on April 17, 2014, 01:21:18 AM interesting read
https://www.dropbox.com/s/n76dosa3hcaldqi/SSRN-id2423461.pdf Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: freedomno1 on April 17, 2014, 01:46:24 AM interesting read https://www.dropbox.com/s/n76dosa3hcaldqi/SSRN-id2423461.pdf That's a neat document thanks for sharing see the information in general is getting better Even have a few Alice examples in there :) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 17, 2014, 02:08:27 AM http://trilema.com/2013/so-whats-the-plan-with-mpoempex/
Interesting read from mr popescu. Highly recommended if you are a fan of science fiction. Includes some great quotes such as: Quote I believe that on an ongoing basis being listed on MPEx will be the most valuable intangible asset available to any BTC company Quote The MPEx registration fee has been in my estimation very successful at selecting high quality, competent and intelligent investors, the sort of which a company benefits from Quote MPEx will continue to promote the correct view of BTC, as a game currency not in any significant way different from any other game currency. This stance can not be changed through Internet chatter, mass delusion no matter how widespread or court rulings, whatever jurisdiction they may be issued in. Quote I intend to slowly sell the remainder 40% of non-controlling S.MPOE interest that I currently own, during the course of the next 3 to 5 years. Quote if I consider the general Bitcoin community is both strong enough and competent enough, I will sell S.MPOE controlling interest (50% + the voting share) to a group of credible investors, with a credible plan in place, through a proper auction much like what you’d see if the Russian government sold its Gazprom (minus, of course, all the graft). Should this ever occur (and to look at the forum digests I receive you’d think it absolutely never will) I will consider this little experiment a complete success, as far as I’m concerned (not that there’s much to complain as it is). A closed deal, a second retirement for me personally. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NanoAkron on April 17, 2014, 09:21:37 AM Jimmothy - I love it. He should write fantasy novels.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 17, 2014, 02:37:51 PM Quote I believe that on an ongoing basis being listed on MPEx will be the most valuable intangible asset available to any BTC company A HA HA HA :D Even when the CEO is in a US State prison on serious financial malpractice and fraud/theft charges?!!!! Being listed on MPEx then would be a DEATH KNELL!!!! Quote The MPEx registration fee has been in my estimation very successful at selecting high quality, competent and intelligent investors, the sort of which a company benefits from Major LOLZ - desperate to rip investors off you mean? Yes you are right, that needs some form of competence. Quote MPEx will continue to promote the correct view of BTC, as a game currency not in any significant way different from any other game currency. This stance can not be changed through Internet chatter, mass delusion no matter how widespread or court rulings, whatever jurisdiction they may be issued in. 'I am right the World is wrong.' Is that how it is in MPEx Land?!!! :D :D :D Quote I intend to slowly sell the remainder 40% of non-controlling S.MPOE interest that I currently own, during the course of the next 3 to 5 years. HOLY H-BOMB. You are going to sell this Junk Security?! How can you shame-faced offer this garbage security when you know it makes next to no money and all your books are cooked and the MPEx volume is a manipulated lie? S.MPOE is a lie. LOOK Mirceau, you are supposed to be (according to your own PR) a Billionaire! You are a BILLIONAIRE!!! That is obviously why you sell Paid-access to your blog site for 0.01BTC ($5)!!!! I mean, what BILLIONAIRE wouldn't need to spend time processing $5 payments for access to his personal blog!!!!! Sorry dude you have a site that is 100% manipulated, false volume, false valuations and a false declaration of your own wealth/poverty. If you are making moves to start off-loading S.MPOE that tells me one thing - you are planning to run from this scam and take as much money as you can with you. You KNOW it is failing, this is just a desperate final cash-grab before you disappear. Billionaires DO NOT sell the on-going companies that made them wealthy if they are 'more successful than ever'. It does not happen. You are trying to scam people Mirceau and this will not wash. >:( Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 25, 2014, 04:02:04 PM Mirceau Popescu is cashing out and selling chunks of MPOE/MPEx.
Why now? The timing is suspicious - an SEC investigation with a possible immanent freeze on all MPEx securities and assets. So clearly Popescu wants to get his grubby hands on as much BTC to hide away as he can before the SEC and Romanian authorities close him down. But he is free to sell MPOE you may think - well there is this one thing, a clause in the MPOE IPO document, I think this is pretty explicit in its meaning: 2. THE INITIAL PUBLIC OFFERING 2.2. The Terms of the IPO. (a)Mircea Popescu has elected to divide MPOE/MPEx into 1`000`000`000 (one billion) equal non-voting shares......Mircea Popescu further warrants that he will never sell more than half the total shares. http://mpex.co/?mpsic=S.MPOE (http://mpex.co/?mpsic=S.MPOE) When does 'never' mean 'actually I've changed my mind'?? Answer - when he needs to run, here is what he is now saying: 'I do not intend to hold on to my controlling interest indefinitely. Once the above is complete, [the selling of the first 49% of MPOE].....I will sell S.MPOE controlling interest (50% + the voting share) to a group of credible investors' http://trilema.com/2013/so-whats-the-plan-with-mpoempex/ (http://trilema.com/2013/so-whats-the-plan-with-mpoempex/) So Mirceau is a confirmed liar and scammer. He lied to IPO investors about his intentions to sell MPOE and he is scamming them as he dumps this stock and prepares his way to the EXIT sign. Run Mirceau you little snake. But there is no hiding from international justice. Certainly not in Romania, great allies of the US. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 25, 2014, 04:13:32 PM https://i.imgur.com/BEGxswr.png
And as for you, my fine lady, it's true I can't attend to you here and now as I'd like; but just try to stay out of my way – just try! I'll get you, my pretty, and your little dog too! Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 25, 2014, 04:21:37 PM I thought Mirceau that you might come back with a denial (you can't I suppose as your intentions are in black and white) or some sort of legitimatizing excuse as to why you are breaking the IPO promise. But no, you post another silly little picture.
Fellow Bitcoin community members, is this the behavior of a rational mind? Should someone with this much disregard for his own investors, his own retail customers and his own trade clients be trusted to run a securities exchange? I think not. I think this man needs to be in a prison. God save any of you if you have trusted this man with your money. Get it out while you still can because this little bunny is going all the way to the US of A, first class courtesy of the FBI. If he doesn't at the very least he will run off with your money. Don't become the next victims of the Bitcoin criminal class. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 25, 2014, 04:32:22 PM ...Fellow Bitcoin community members, is this the behavior of a rational mind?... :D *You were born to be a http://cdn.uproxx.com/wp-content/uploads/2013/01/Ralph-7.gif Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: rethink-your-strategy on April 25, 2014, 04:35:03 PM Mirceau Popescu is cashing out and selling chunks of MPOE/MPEx. Why now? The timing is suspicious - an SEC investigation with a possible immanent freeze on all MPEx securities and assets. So clearly Popescu wants to get his grubby hands on as much BTC to hide away as he can before the SEC and Romanian authorities close him down. But he is free to sell MPOE you may think - well there is this one thing, a clause in the MPOE IPO document, I think this is pretty explicit in its meaning: 2. THE INITIAL PUBLIC OFFERING 2.2. The Terms of the IPO. (a)Mircea Popescu has elected to divide MPOE/MPEx into 1`000`000`000 (one billion) equal non-voting shares......Mircea Popescu further warrants that he will never sell more than half the total shares. http://mpex.co/?mpsic=S.MPOE (http://mpex.co/?mpsic=S.MPOE) When does 'never' mean 'actually I've changed my mind'?? Answer - when he needs to run, here is what he is now saying: 'I do not intend to hold on to my controlling interest indefinitely. Once the above is complete, [the selling of the first 49% of MPOE].....I will sell S.MPOE controlling interest (50% + the voting share) to a group of credible investors' http://trilema.com/2013/so-whats-the-plan-with-mpoempex/ (http://trilema.com/2013/so-whats-the-plan-with-mpoempex/) So Mirceau is a confirmed liar and scammer. He lied to IPO investors about his intentions to sell MPOE and he is scamming them as he dumps this stock and prepares his way to the EXIT sign. Run Mirceau you little snake. But there is no hiding from international justice. Certainly not in Romania, great allies of the US. Just to play devil's advocate...I took a look at the contract. You agree that he's allowed to sell the first 49%, as that is below "half", correct? After that he says he will sell the 50% + the voting share to a group of credible investors. It seems to me that is covered in the contract, point g - (g)In the event of the sale, merger or voluntary liquidation of MPOE/MPEx all proceeds will be distributed fairly to all shareholders by proportion to the shares they hold. So I fail to see the problem, he's allowed to sell up to the halfway mark, and then he is allowed to sell the company as a whole (the controlling interest). I'm failing to see how he's breaking the contract? Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on April 25, 2014, 04:46:36 PM @rethink-your-strategy: minerpart is one of my more difficult patients. I'm afraid reason and logic are no more accessible to him than Schubert's compositions are to a deer tick. TL;DR: don't waste ur time.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 25, 2014, 05:14:41 PM rethink - you are conflating the two documents which isn't helping.
The IPO document and this later statement on his website say two very different things, so let's stick with the IPO document as we know what the later statement says (he intends to sell the controlling shares). So the IPO document explicitly states: 'Mircea Popescu further warrants that he will never sell more than half the total shares' Can you tell me in clear words what that means because I think it is already 100% clear. It then goes on to say directly below as you mention: (g)In the event of the sale, merger or voluntary liquidation of MPOE/MPEx all proceeds will be distributed fairly to all shareholders by proportion to the shares they hold. Now a sale that would involve shareholders receiving a proportion of the 'proceeds' is NOT THE SAME thing as the CEO selling a part or all of his controlling shares is it? If there is a sale where all shareholders receive a proportion of the proceeds that is a one-off complete sale of the entire company which would involve all shares being destroyed. ie the shareholders no longer are shareholders and the proceeds of the complete liquidation is compensation for that. I'm sure you can see there is a difference between the CEO selling 65% of the shares whereby the remaining 35% IPO shareholders get nothing and the CEO selling the company and the new owner thereby paying off the shareholders and in essence inheriting a non-listed company. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: gogxmagog on April 25, 2014, 09:53:42 PM This extradition will permanently remove Mircea Popescu and his many troll accounts (Mpoe-PR anyone?) off these forums. That alone is fantastic news. That guy(?) is an annoying a-hole! Anyone who thinks different is either mentally ill or simply Mircea Popescu him/herself.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Stuartuk on April 25, 2014, 09:56:03 PM This extradition will permanently remove Mircea Popescu and his many troll accounts (Mpoe-PR anyone?) off these forums. That alone is fantastic news. That guy(?) is an annoying a-hole! Anyone who thinks different is either mentally ill or simply Mircea Popescu him/herself. lol true. he has no friends here, everyone knows he's an A-hole. Speaking of which he's going to have a very sore one once the boys in the hood get their hands on him. :-* Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 25, 2014, 09:59:04 PM Quote So I fail to see the problem, he's allowed to sell up to the halfway mark, and then he is allowed to sell the company as a whole (the controlling interest). I'm failing to see how he's breaking the contract? You see nothing wrong with the owner of the most sketchy exchange (non-publicly verifiable) actively trading on his own exchange? It is simply impossible to prove it is not a ponzi. And it would have every reason to operate as a ponzi. (higher stock value -> more noobs to pay 30btc reg fee -> more money to pump stock -> rinse & repeat) How else can you explain a constantly rising stock when literally no revenue to justify it? BTW if you watch the order book closely for a while you will notice there are actually only 1 or 2 people constantly trading. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: theMiracle on April 25, 2014, 10:12:14 PM Quote So I fail to see the problem, he's allowed to sell up to the halfway mark, and then he is allowed to sell the company as a whole (the controlling interest). I'm failing to see how he's breaking the contract? You see nothing wrong with the owner of the most sketchy exchange (non-publicly verifiable) actively trading on his own exchange? ... So a Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 25, 2014, 10:30:39 PM Quote So I fail to see the problem, he's allowed to sell up to the halfway mark, and then he is allowed to sell the company as a whole (the controlling interest). I'm failing to see how he's breaking the contract? You see nothing wrong with the owner of the most sketchy exchange (non-publicly verifiable) actively trading on his own exchange? ... So a Never said it wasn't sketchy but its a few magnitude less than mpex. With havelock they have no reason to pump their own stocks and are not actively trading on their own exchange. Also dividends to havelock can be verified publicly via the blockchain so there is no fishy business going on. Id rather trade on an exchange without such a massive incentive to ponzify. If havelock had only 1 active stock which was openly manipulated by the stock exchange operator I would stop supporting them as well. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 25, 2014, 10:42:23 PM Panamanian exchange Romania is THE online-fraud heart of Europe. It was so bad a few years ago that Romania agreed to an extradition agreement with the US after US businesses widely threatened to pull out of the country. Since then the FBI has been extraditing dozens of people/hackers a year. Trying to sully the name of Panama when you come from ROMANIA is a bit rich Mirceau! Every European knows what your country is like. This is typical of the coordination that now goes on between the US and Romania: The Romanian government, particularly the Ministry of Justice, the Romanian Internal Intelligence Service, and the Directorate for Combating Organized Crime, provided significant assistance and support during the investigation, arrest, and extradition of the defendants. http://www.fbi.gov/newyork/press-releases/2013/three-members-of-international-cyber-fraud-ring-extradited-from-romania-to-the-united-states (http://www.fbi.gov/newyork/press-releases/2013/three-members-of-international-cyber-fraud-ring-extradited-from-romania-to-the-united-states) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: theMiracle on April 25, 2014, 10:43:50 PM Jimmothy, let's cut the crap: You *can't afford to trade on MPEx* -- I don't think you have 30 bits to your name. Do you?
Your constant droning about cl00less n00bs being lured into paying MP 30BTC to ...just be able to trade on his exchange. Come on, the sort of n00bs that have 30BTC to spare likely don't need your ace financial advice, amirite? 30BTC is still a decent sum, probably Bitcoin equivalent of IRL qualified investor. Now stop trying to help those above your social and financial stratum, you silly Randian you. We don't need your help. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on April 25, 2014, 11:05:50 PM Jimmothy, let's cut the crap: You *can't afford to trade on MPEx* -- I don't think you have 30 bits to your name. Do you? Your constant droning about cl00less n00bs being lured into paying MP 30BTC to ...just be able to trade on his exchange. Come on, the sort of n00bs that have 30BTC to spare likely don't need your ace financial advice, amirite? 30BTC is still a decent sum, probably Bitcoin equivalent of IRL qualified investor. Now stop trying to help those above your social and financial stratum, you silly Randian you. We don't need your help. Very nice retort. I do love ad hominims. First of all you don't know how much money I have nor is it relevant. To be an investor you simply need to invest money. There is no minimum or qualifications like you imagine. But mpex is not investing. It is paying 30 btc to join the cult of superior investonomers. Btw this "qualified investor" fee was only $200 bucks a year and a half ago. Surely it should have been 3000 btc right? Just curious how much does a rich kid like yourself have invested in mpoe? Clearly you are here with a motive. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 25, 2014, 11:07:23 PM He's Mirceau, so MPOE is his everything - soon to be US funds. They will confiscate the lot.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: gogxmagog on April 25, 2014, 11:15:19 PM Too bad Romania wont deal with him, like how they took care of Nicolae Ceaușescu.
hmmmmmmmm. Mircea Popescu, Nicolae Ceaușescu. Similar sounding at least. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: theMiracle on April 25, 2014, 11:19:58 PM Jimmothy, let's cut the crap: You *can't afford to trade on MPEx* -- I don't think you have 30 bits to your name. Do you? Your constant droning about cl00less n00bs being lured into paying MP 30BTC to ...just be able to trade on his exchange. Come on, the sort of n00bs that have 30BTC to spare likely don't need your ace financial advice, amirite? 30BTC is still a decent sum, probably Bitcoin equivalent of IRL qualified investor. Now stop trying to help those above your social and financial stratum, you silly Randian you. We don't need your help. Very nice retort. I do love ad hominims. First of all you don't know how much money I have nor is it relevant. To be an investor you simply need to invest money. There is no minimum or qualifications like you imagine. ... With MPEx there is, sure. It's 30BTC. And it's not an ad hominem argument (if you type fancy Pig Latin thingers, spelem right pl0x). It's just heartbreakingly sad to watch paupers protecting the rich, and lecturing the wealthy on money matters. Keep punching, Joe! Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on April 27, 2014, 01:01:14 PM Too bad Romania wont deal with him, like how they took care of Nicolae Ceaușescu. hmmmmmmmm. Mircea Popescu, Nicolae Ceaușescu. Similar sounding at least. If you like that you will LOVE this - a combination of the two! http://d.ibtimes.co.uk/en/full/423773/nicolae-popescu-wanted-by-fbi.jpg?w=630&h=420&l=50&t=50 Nicolae Popescu is wanted for his alleged participation in a sophisticated Internet Fraud scheme http://www.fbi.gov/wanted/cei/nicolae-popescu/view (http://www.fbi.gov/wanted/cei/nicolae-popescu/view) Do they only have 5 names in Romania?!? This is how the FBI deal with Eastern European scum who rip of Americans - put them on the wanted list. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Kluge on May 21, 2014, 05:54:06 PM Goofy drama aside - wish him all the best. Even if controversial, would donate to a legal fund aimed at preventing extradition and assume a good few others would, too.
Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: thehun on May 22, 2014, 05:04:28 AM Goofy drama aside - wish him all the best. Even if controversial, would donate to a legal fund aimed at preventing extradition and assume a good few others would, too. I don't think that will be necessary, he allegedly holds hundreds of thousands of BTC Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Kluge on May 22, 2014, 05:33:56 AM Goofy drama aside - wish him all the best. Even if controversial, would donate to a legal fund aimed at preventing extradition and assume a good few others would, too. I don't think that will be necessary, he allegedly holds hundreds of thousands of BTC .... Or MPOE-PR. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on May 22, 2014, 07:25:48 PM He is destroying paper work and hard-drives in preparation I would think for the extradition and intelligence gathering by the NSA.
Too little too late: http://trilema.com/wp-content/uploads/2014/05/spystuff-2.jpg http://trilema.com/2014/spy-stuff/ Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on May 22, 2014, 07:37:35 PM http://s22.postimg.org/8jdm26ddt/Capture.jpg
It wasn't MP who raped you, minerpart. It was your ex, Kenneth E. Slaughter. You'll learn to love again. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on May 22, 2014, 07:44:28 PM Yeah sure but I don't blame you for my loss. I just blame you for all the shit I had to put up with on the thread. It was deeply annoying. If it were to spare us you would be forgiven but it was just to lead people to MPEx.
Hey now that you are fleeing Romanian justice to an unknown location (good idea to throw out red-herrings such as Prague etc) is MPEx now ex-MPEx? xMPEx? edit - I might also blame you a bit for encouraging VE which led him to get the MSD involved. But yes even with no legal action actm would have failed. Ken is.......well maybe he should go back to business school. He clearly excelled at scam-school. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: NotLambchop on May 22, 2014, 07:53:12 PM UR only option: Better living through chemistry.
Stuartuk: Idée fixe? http://j-walk.com/images/SenileAgitation_DA20/thorazine.jpg Thorazine. "We got a drug for thatTM ... Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: minerpart on May 22, 2014, 08:05:32 PM And end up like you?!
I'll never have to burn my papers at night in the garden. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: IPO Magic on May 22, 2014, 08:20:50 PM And end up like you?! I'll never have to burn my papers at night in the garden. >no papers >no garden >no sharp objects or matches ur right. Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: jimmothy on June 04, 2014, 11:33:39 AM http://www.coindesk.com/sec-eric-voorhees-deal-unauthorized-securities-sales/
bump Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: Atruk on June 04, 2014, 05:05:10 PM http://www.coindesk.com/sec-eric-voorhees-deal-unauthorized-securities-sales/ bump http://www.thedrinkingrecord.com/2014/06/03/the-sec-bares-its-gums-and-settles-with-erik/ (http://www.thedrinkingrecord.com/2014/06/03/the-sec-bares-its-gums-and-settles-with-erik/) Title: Re: MPEx owner in danger of being extradited to US to face charges Post by: gogxmagog on June 04, 2014, 06:09:05 PM Isn't SEC offering a reward for information leading to prosecution of people running crypto-scams like Mp?
Just a thought to any of you who have a need to recoup funds lost... |
