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Author Topic: [2015-04-07] Bank Secrecy Act and Ripple Labs ∙ IHB News™  (Read 466 times)
anirgu (OP)
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May 06, 2015, 04:19:35 PM
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U.S. authorities hit Ripple Labs, Inc. Tuesday with a $700,000 penalty for failing to follow anti-money-laundering rules, marking a setback for one of the virtual currency world’s rising stars.


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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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May 07, 2015, 12:08:58 PM
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This is why Satoshi is still in hiding...  Wink The moment he/she reveal their identity, they will be slapped with lawsuites and penalties.

The unclaimed 1 000 000 Bitcoins will not be enough to cover the cost of these law suites and penalties...

No centralized organization or person should willingly reveal their identity, when they developed a Alt coin in the USA. { It's over regulated and people sue for nothing }

There are so much competition in crypto currencies, that it would become more frequent in future.  Sad

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