As everybody now knows, tumblers doesn’t work in reality. You can't mix Bitcoins to less that Satoshis, and there is software available to track every single one of them ever mined

I know that it's a ponzi, the OP just gets better referral percentages from them so he shills for them.

He has been sending it all back to Leancy. Therefore he still hasn't made any money.

If seller cheats buyer, buyer will not press button to release bitcoins to seller.

If buyer doesn't hit the button to release the bitcoins, buyer cannot get a refund so buyer cannot cheat the seller.

Well, it's Florida State law, not USA law. So, it is a little unpredictable. :-)

What government jurisdiction are you under?

I don't know where you live- I'm just giving you an example related to your question. Sure these guys are idiots- but nothing stoping any other state, or government from doing the exact same thing. Heck for all we know, some local sheriff could set up a localbitcoins sting purely with the intention of getting to keep the seized funds to buy a new cruiser after you're convicted as guilty.

Anyway, I was just trying to make the point that the government is hard to predict at the moment concerning bitcoin, but using a fake name is indeed, technically, illegal. (Depending)

But of course, get your own legal advice. None of what I say constitutes it. :-)

You obviously didn't read the news about the guys in Miami who were arrested for buying/selling Bitcoins on LocalBitcoins.


Like I said, the laws are on the books- it's up to governments to decide how and when they feel like enforcing them.

That said- there is some sort of lower limit you have to meet before the government considers what you are doing a crime. That said, there is also a law about deliberately staying below the lower limit specifically not to hit that lower limit. So, play nice.

I think actually every country- at least every country with a modern functioning financial system, which includes the UK or Slovenia, wherever they are located.

Replace Bitcoin with "Financial instrument" and I think that should give you an idea of what you've done. Maybe governments didn't CARE about bitcoin when it was worth a few dollars each, but they aren't obligated to enforce every law on the book, they are usually content just HAVING the law on the book, and now that Bitcoin is worth real money- I think every modern country in the world would view what you've done as money laundering.

So yeah, you're a criminal in the eye's of the financial regulators. Whether or not they go after you is up to them and whether or not they can find you. They CAN however find Bitstamp, so they have prudently seized your funds to play nice with the police if they ever show up. That said- technically unless you have a government ID with your 'Fake Name' you're pretty much screwed even if weren't illegal (which it most certainly is). If you registered as "Buttlick McBalls" Bitstamp is well within it's rights to ask for your government ID with said name on it.  From bitstamps point of view (not considering the criminal element), until Mr McBalls shows up, that money can very nicely pad their 'reserves' for a rainy day.

Good luck.

they are trained to not ask anything ( except when you are opning an account,

It just wont ever happen to me or anyone, banks are not allowed to do that, only authorities can.

He's right though and depending how much money you had on the exchange, you might have committed a financial crime by lying about your identity. Using a fake name and withdrawing/depositing money under it, IS money laundering, and what you have done, a crime.
 

Either way, you've essentially forfeited your money in the near-term.