Flying Hellfish
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Verified Bernie Bro - Feel The Bern!
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August 13, 2013, 12:58:55 AM |
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no... BFL is not located in NY - NY the state has jurisdiction within its borders.
noone on this forum seems to understand jurisdiction. it's like AsicMiner getting a subpeona from him. does it make sense?
i mean they can ask nicely after all- subpeona is not asking nicely
When you do business in any state (regardless of where the company is incorporate or operates) you must comply with laws of the state you are doing business in. If BFL has customers in NY state and the authorities feel they have broken NY state laws they can go after them.
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k9quaint
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August 13, 2013, 01:00:37 AM |
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no... BFL is not located in NY - NY the state has jurisdiction within its borders.
noone on this forum seems to understand jurisdiction. it's like AsicMiner getting a subpeona from him. does it make sense?
i mean they can ask nicely after all- subpeona is not asking nicely
The DFS has very broad powers to investigate and regulate. Since every major bank on the planet has large sums of money flowing through New York, most financial institutions are subject to the reach of the DFS (Standard Chartered found this out and capitulated). If they find a company committing a fraud using Bitcoin, the DFS can go after them through their bank and refer the case to the Department of Justice for criminal prosecution. Texas is the largest economy in the US, 3rd largest economy in the world (or something like that).
Second largest, California is almost half again as big. Texas would be the 15th largest in the world. http://en.wikipedia.org/wiki/List_of_U.S._states_by_GDPhttp://en.wikipedia.org/wiki/Economy_of_Texashttp://en.wikipedia.org/wiki/Comparison_between_U.S._states_and_countries_by_GDP_(nominal)
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Bitcoin is backed by the full faith and credit of YouTube comments.
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dominicus
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August 13, 2013, 01:09:02 AM |
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no... BFL is not located in NY - NY the state has jurisdiction within its borders.
noone on this forum seems to understand jurisdiction. it's like AsicMiner getting a subpeona from him. does it make sense?
i mean they can ask nicely after all- subpeona is not asking nicely
New York is a big economy. Would your company want to risk being denied the ability to do business there? Also NY and CA tend to work in lockstep. If NY starts finding anything, you can be sure that CA will start looking too. CA's economy is larger than many countires. Texas is the largest economy in the US, 3rd largest economy in the world (or something like that). Texas has a big economy, it's third behind California and NY. It's 14th in the world if comparing the state against other countries. Texas residents don't fare too well, though, ranking 25th among US states, which earns TX the "impoverished" state qualifier for their below-average earnings per capita.
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Help me troubleshoot my BTC address. Send some coins here: 1FkQS1RuEmSppCPdGPVGHtc4aj2nBiHAYF If I don't return your test transfer, it must be having issues still.
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k9quaint
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August 13, 2013, 01:12:07 AM |
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no... BFL is not located in NY - NY the state has jurisdiction within its borders.
noone on this forum seems to understand jurisdiction. it's like AsicMiner getting a subpeona from him. does it make sense?
i mean they can ask nicely after all- subpeona is not asking nicely
New York is a big economy. Would your company want to risk being denied the ability to do business there? Also NY and CA tend to work in lockstep. If NY starts finding anything, you can be sure that CA will start looking too. CA's economy is larger than many countires. Texas is the largest economy in the US, 3rd largest economy in the world (or something like that). Texas has a big economy, it's third behind California and NY. It's 14th in the world if comparing the state against other countries. Texas residents don't fare too well, though, ranking 25th among US states, which earns TX the "impoverished" state qualifier for their below-average earnings per capita. And they are running out of water too: http://www.theguardian.com/environment/2013/aug/11/texas-tragedy-ample-oil-no-water
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Bitcoin is backed by the full faith and credit of YouTube comments.
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Dalkore
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Mining since 2010 & Hosting since 2012
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August 13, 2013, 03:37:22 AM |
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Why didn't Bitsyncom get one?
One word: China
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Hosting: Low as $60.00 per KW - LinkTransaction List: jayson3 +5 - ColdHardMetal +3 - Nolo +2 - CoinHoarder +1 - Elxiliath +1 - tymm0 +1 - Johnniewalker +1 - Oscer +1 - Davidj411 +1 - BitCoiner2012 +1 - dstruct2k +1 - Philj +1 - camolist +1 - exahash +1 - Littleshop +1 - Severian +1 - DebitMe +1 - lepenguin +1 - StringTheory +1 - amagimetals +1 - jcoin200 +1 - serp +1 - klintay +1 - -droid- +1 - FlutterPie +1
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-Redacted-
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August 13, 2013, 03:50:20 AM |
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Wrong. It's a Nevada corporation.
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Flying Hellfish
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Verified Bernie Bro - Feel The Bern!
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August 13, 2013, 03:50:44 AM |
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Why didn't Bitsyncom get one?
One word: China How does China affect an American LLC getting a subpoena.
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Loredo
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August 13, 2013, 04:00:28 AM |
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Wrong. It's a Nevada corporation.
With a corporate address in Westchester County, NY, I believe. It has been posted on Avalon pitchfork threads and should be easy to find. I'm certain it's NY, though.
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Bicknellski
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August 13, 2013, 04:04:32 AM |
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Why didn't Bitsyncom get one?
One word: China He is an American... just have them add his name right? One email all that is required.
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PuertoLibre
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August 13, 2013, 04:26:17 AM |
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Why didn't Bitsyncom get one?
One word: China He is an American... just have them add his name right? One email all that is required. There goes BFL's refunds! Oh wait...they weren't offering any willingly. LOL
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hexed
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August 13, 2013, 09:42:22 PM |
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Seeing that none of this has anything to do with BFL's late delivery on their products.. or anything to do with what BFL is called out for on these forums.. it's obvious nothing is wrong with this picture. If they have a subpoena.. they will go talk to a commission in NY.. hash things out.. answer some questions.. and that's it. A subpoena is not a "charge" or anything to do with threats against BFL to "SUE YOUR PANTS OFF!!" or "..GOING TO CONTACT THE BBB, FTC, FBI, ETCETC".
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elux
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August 22, 2013, 03:44:24 PM |
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Re: "Butterfly Labs...also received a subpoena" dated 2013-08-12 So, unless you've got some proof fraud has been committed, you should probably move along. However, if you do have some proof, by all means send it to someone who cares, like the police or something. If the scale of fraud and illegal acts PG, PL, K9, etc... would have you believe were actually true, don't you think some governmental agency would have contacted us by now?
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dogie
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dogiecoin.com
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August 22, 2013, 04:08:47 PM |
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no... BFL is not located in NY - NY the state has jurisdiction within its borders.
noone on this forum seems to understand jurisdiction. it's like AsicMiner getting a subpeona from him. does it make sense?
i mean they can ask nicely after all- subpeona is not asking nicely
New York is a big economy. Would your company want to risk being denied the ability to do business there? Also NY and CA tend to work in lockstep. If NY starts finding anything, you can be sure that CA will start looking too. CA's economy is larger than many countires. Texas is the largest economy in the US, 3rd largest economy in the world (or something like that). LOL. JUST LOL.
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Kluge
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August 22, 2013, 04:54:54 PM |
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OT rambling on TX comment TX is in 2nd (~$1.3t) for US, way behind CA (~$1.9t, bigger than India) in 2010. Using same year, TX would be 13th between Mexico (~$1t) and Spain (~$1.4t). Some data-collectors combine European countries into one big "EU" blob, where TX would be in 10th place. (put TX one more place down if you include CA in those lists, too)
If it makes TX feel any better, they have a bigger economy by nominal GDP than New Zealand, Israel, Thailand, and Switzerland combined. Houston alone has a significantly higher GDP than Greece. In the US, when we think about CA's troubled economy and $.4t debt, it seems small and inconsequential (it's not very rare to be talked about where I am), but it's roughly the same amount of debt as Greece holds where a default is supposed to be catastrophic. Even the default by Detroit, the largely-irrelevant living dinosaur, was ~50% larger than Iceland's GDP in 2010.
Nations' GDP (2010) http://siteresources.worldbank.org/DATASTATISTICS/Resources/GDP.pdf TX GDP (2010) http://www.usgovernmentrevenue.com/state_rev_summary.php?chart=Z0&year=2010&units=d&rank=a Houston GDP http://greyhill.com/gross-metropolitan-product/ Other sources you can find for yourself ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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