If Bluemeanie really stole 1 million NxT, then how come he isn't in jail?

[TaunSew]

Wasn't he publically doxed a few times?  If it was true then someone should had reported him months ago and the FBI would had taken a battering ram to his front door and threw handcuffs on him.

[krb91]

Who is Bluemeanie and who did he allegedly steal 1 million NxT from? I Googled Bluemeanie but only got Beatles results.

[edmundduke]

Wasn't he publically doxed a few times?  If it was true then someone should had reported him months ago and the FBI would had taken a battering ram to his front door and threw handcuffs on him.

So a thief stole million digital units of random hash data from a most likely officially non registered trademark (that does not pay taxes etc) that were held in a company situated in  British Virgin Islands but registered god knows where.

Yes, FBI has so much to do there.

Till all the crypto-coins, exchanges and gambling sites are not fully trademarked and registered (with propper paperwork both in legalization and tax forms and so on) you can pretty much do what ever you wish, and no one except the users will care.

[EvilDave]

Yep, sadly, there ain't all that much we can do about crypto-theft at the moment.

Only effective way to deal with thieves right now is to track down the thief yourselves thru the blockchain and whatever other forensics you may have, then try to negotiate directly (or go round to his house, if you're lucky enough to get a local thief or cheap air travel)
You have to commit theft/fraud on a Mt GOX scale before you can get any interest from the authorities. You can report stuff to the cops/authorities, but most agencies aren't all that interested in your missing magic internet money.
Hopefully, once crypto gets more mainstream, things will change, but right now......meh.

To be fair to Blue Meanie, btw: he didn't actually steal the 1 million NXT. He was employed to work on a project, was paid up front, then ran away screaming and refused to give the NXT back, even though he never even committed one line of code to the project.

Heres the full story:
http://cointelegraph.com/news/112643/the-mystery-of-the-missing-1000000-nxt
and here's BM going completely hatstand about the story, he did not like the truth one little bit...:
https://bitcointalk.org/index.php?topic=806495.0

Some fun reading there.....

[jabo38]

Dave is right.

He didn't steal it.  He was given it and then just walked away rich. 

[Spoetnik]

because we're in an UN-regulated market !
There is no laws saying you can't steal 100 million NXT.
Which is why Mark from GOX has pretty much gotten away with it.

I was surprised BFL is in trouble right now but i see how they nailed 'em.. the FTC did for business conduct issues on US soil.

This is why i have harped to you all endlessly like a broken record.. UNREGULATED MARKET !!!!!!!!!!
as in an exchange or some guy doing an IPO or a Pool etc can just take your cash/coins and walk..
and fair enough.. the law is the law.. don't like the risk then don't get involved.

AND..

This is why i think porting over stock exchange stuff like the IPO model is stupid.
Copy catting something from a regulated market to an un-regulated market is not smart.. and very risky for investors !

Martha Stewart a famous celeb got hard time behind bars for insider trading so imagine how many dick heads around here should be doing time ?
And then take Berni Madoff and his staff.. they all got the book thrown at them for running ponzi schemes..
again imagine how many dick heads in crypto SHOULD be getting jail time for that.. most of these services would be long gone already !
Various well known pool operators or coin posters or exchanges like Cryptsy would have closed doors loooooong ago

But you can't cry for the cops in an unregulated market.
i hate assholes who cry the "Free Market" defense then when their coins get stolen they cry.. Police, Police, Help !! LOL idiots  

Here is a picture of Bitcointalk.org Forum Free Market Experts

[robinwilliams]

U r now my hero spotnik

[devphp]

In the crypto currency world nobody goes to cops and the only way to punish the thief is to publicly defame the thief, many times on many webpages, so that it stays in Google for life. Bluemeanie (Joshua Zeidner) is a thief. Here you go. Something like that.

[ShroomsKit_Disgrace]

Why is not Mark Karpeles in jail after stealing more than 200000BTC?

Same answer here.