I think it does require registration.  retailers who sell moneypak cards are required to be registered with fincen and these retailers have standards they follow for kyc and aml.  moneypak is a stored value card and as such trading them in certain jurisdictions requires registration.  anyone selling moneypak for btc who has not registered with fincen is probably breaking the law.

why are they not caught? nobody has noticed them.  In time there will be more regulation and less wild west trading in the bitcoin world.  if you are seeking a registered and legal bitcoin -> moneypak solution check the website I built at:  
https://www.sellbitcoinforcash.com  

yes.  in America selling "money value transfer" cards requires registration with fincen and state agencies.  This is why drug stores limit the number and amount of "gift cards" you can buy per visit.

I referred him to sublime.

the fee to acquire such a card is 20% of the face value.  if you will pay the fee I'm happy to add a $20 moneypak to my inventory at https://www.sellbitcoinforcash.com

or just cash out and sell me all your coins.  I pay with gift cards per my signature.

now with SSL!

https://www.sellbitcoinforcash.com

If he is not you can come visit my site: 

https://bitcointalk.org/index.php?topic=224763.0

Now with SSL.

Just loaded additional test inventory.  

Come test the system.  
Watch the process.  
You will like what you see.  

You should change the title to sold and lock the op then.

Re: Selling 8.5 BTC for moneypack  <- title of thread


Weird, huh?

SSL on the way

https://bitcointalk.org/index.php?topic=227232.0

In this thread the OP says NOTHING about these machines not being legit.  He "tried" to sell me one avalon in Austin Texas but refused to meet face to face in a bank or use JohnK for escrow.


This new trust system isn't so bad after all:

Mosper: Trust: -9: -2 / +0(0) Warning: Trade with extreme caution!

ohh.  So those two avalons are not going to make you any more today?

Oh FANTASTIC, glad you've come to your senses.

I'll sell you moneypak at mt gox minus 10%.  You send first.

I appreciate your offer but I think we are too far apart.  I've decided my buy it now price for an Avalon today is $15,000 USD. 

I am just not convinced they can pay for themselves at any higher price with the glut of asics hitting the market in the next 60 days.  What made 4 btc per 24 hours just a month ago can only make 2.2 btc today. 

The difficulty is going straight up. 

♔
 

I applaud new services.  I made one myself (in my signature).   But the anonimity of such exchanges is history.  The future of exchanges is embracing the anon-anonimity.  Exchanges must be registered and regulated as Mt Gox is learning, else you support terrorism.