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Well then maybe they shouldn't have been gambling with illegal unregulated securities?
Irrelevant and speculation. First focus on responsibility of the owners towards their customers. Under what law, enforced by what government?
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Edit: Have you ever organized, or been involved with organizing, an event for more than a thousand people? Hell, have you ever been involved with organizing an event for 40 people?
+2
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Well then maybe they shouldn't have been gambling with illegal unregulated securities?
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If there is a pattern of trolling you should have no problem pointing to examples of clearly trolling behavior. Instead, you have dodged doing so for over a week and have instead pointed to posts hidden behind a paywall on another forum apparently dedicated to trolling this site. Why, exactly, are you a member of such a group?
It sounds more and more that the definition of "trolling" on this forums is simply "stuff Theymos doesn't like"
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They unbanned Atlas, and haven't taken action on Dank. It just goes to show you what the moderating staff think about these forums.
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(it was subsequently seconded) Normally, if that's all a person did trolling wise, that'd be alright. However, this has been a pattern for Rarity and this forum has really just seen enough. Making that thread that I mentioned really was what broke the camel's back for me. Prior to that, Rarity was only being destructive to meaningful conversation in a few threads, but making that thread broke the containment. Umm The "scammer tag" was a mockery the moment that intersango/bitcoinica/zhoutong did not get a scammer tag. Rarity's thread looked like a legitimate request over an unfulfilled obligation. As for the "Rarity = goon" conspiracy, from what I read, even the goons don't think Rarity's a goon.
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This thread should be renamed to Banned: Rarity And yet, Rarity was right.
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How is it that phantomcircuit STILL doesn't have a scammer tag??
That's an excellent question.
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You're all now mincing names on a forum that gave about $5 million USD to a guy named "Pirate."
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Here's a place with all the land you could ever want, and it's close to Vegas and even a local airport too: http://goo.gl/maps/KrVto
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Operating an illegal securities exchange and then laundering money through it would easily meet the bar for racketeering.
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Considering that Bitcoin needs new blood to grow and increase in value, one fuckup for one bitcoiner reflects as a failure of bitcoin as a whole.
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And yes, since it wasn't a registered corporation, all of the share holders are personally liable.
Source? US: Partnerships that are not registered as a LLP or Corp share the liability among all the owners. If one partner in a company owes money, all partners owe it. If one is found criminally negligent in civil court, all partners are on the hook for damages. http://www.nolo.com/dictionary/partnership-term.html Refers to a legal structure for a business of two or more individuals; called a general partnership when used without a qualifier such as "limited" or "limited liability." Each owner (partner) is personally liable for all debts of the business, and each partner claims a share of the the business's income or losses on the partner's individual tax return. To form a partnership, each partner normally contributes money, property, or labor in exchange for an ownership interest in the partnership. Most partnerships are created by a formal written partnership agreement, although they may be based on an oral agreement or just a handshake. See also: limited partnership, limited liability partnership (LLP) UK: Pretty much the same: http://www.legislation.gov.uk/ukpga/Vict/53-54/39Liability of partners.Every partner in a firm is liable jointly with the other partners, and in Scotland severally also, for all debts and obligations of the firm incurred while he is a partner; and after his death his estate is also severally liable in a due course of administration for such debts and obligations, so far as they remain unsatisfied, but subject in England or Ireland to the prior payment of his separate debts. AUS: yep, same thing where all partner is the same as owner and all liability is shared: http://www.austlii.edu.au/au/legis/act/consol_act/pa1963154/s13.html Liability of partner
(1) Each partner in a firm other than an incorporated limited partnership is liable jointly with the other partners in the firm for the debts and obligations of the firm incurred while the partner is a partner.
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And because it's a "toy company", as Nefario described it, there was also apparently no prohibition on a partner voting on a matter where they have a conflict of interest.
(sic) It's a "toy currency", and they were "playing stock exchange." On the other hand, maybe you don't want the company anymore. Nefario now being the scapegoat is a very easy way out for all other partners. So nobody has to take responsibility for the mess that has been created. It is all Nefario's fault.
And yes, since it wasn't a registered corporation, all of the share holders are personally liable.
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I read about half way through and all I can say is "pikers" Sorry guys... buy my college dorm meetings were were more effective then what ever that chat-fest was.... These are the kinds of guys with whom we entrust our hundreds and thousands of BTC. Go figure.... Are you really surprised, or is that rhetorical?
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I received 10 angry emails about how some of you goons are proud of their welfare and government assistance, and that I should be reported to the IRS.
hahahahh yeah right.
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If the securities on glbse are illegal it follows that glbse itself is illegal because Nefario issued securities for bitcoinglobal.
You are right!
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