BitPay is officially now an exchange and no longer just a payment provider.

[Gleb Gamow]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

[Gleb Gamow]

Honestly, I don't know what I was thinking. It's not like BFL committed the crime of the century or anything. It's not like they would use one of their own employees and pawn him off as a homeless US vet.

To be clear, the foolishness above has nothing to do with the foolishness below, for I'm just a dude that doesn't have any fuckin' idea what I'm doing as I sit on this toilet taking a shit, hoping that my drama queen efforts will garner friendships from the Bitcoin community, all the while the FTC is fucking with the venerable BF Labs Inc.

Perhaps he's suffering from PTSD. I don't know his service history so I don't know if it's likely or not. It doesn't excuse his behavior but could explain a lot though. I highly doubt that the "company guns" are the only ones he owns. Especially if he fells he needs them for protection. It is a convenient excuse though to buy some toys on the company's dime.

Simply ask, and I'll supply a screenshot of his service history. For real!

Nah, despite the situation I wouldn't want his military dox out unless he wanted them out. I wouldn't want mine just floating around even though I've got nothing to hide. More so because there are tons of military fakers out there who might do nefarious things like try to use the info to pretend to be a vet.

Now, besides that I'll not try to convince you to hold back on anything you have. Your a fount of info with no reason I can see to be plugged.

Asked.

(As I have been in a war two times [Yugoslavia '91 & '94] and most people I know - especially those suffering PTSD - are honest, honorable people...)

With apologies, for I'm now having difficulties relocating it, for Josh Zerlan has opted to lock down the files. Luckily, some were saved via the WBM: http://web.archive.org/web/20140905062309/http://www.communityhosting.net/ih/images/

Like this harmless file depicting a homeless vet, we'll call him John, mutruxing for bitcoin donations in some city, let's call it Kansas City because the word City is in it, taken by somebody handy with a camera, most likely a woman who also acts as an assistant to some photographer, but I digress, for none of that has any relevance to the pic below.

http://web.archive.org/web/20140905142424/http://www.communityhosting.net/ih/images/homelessbi.jpg



But, in the spirit of circumstantial evidence and that I'm a fool, decide for yourselves if the homeless vet depicted above is the same $26-per-hour employed individual below who just happens to live with his assistant that's handy with a camera and owns a chicken named Maude.



https://www.youtube.com/watch?v=eQ8nDNfaNe8



Wouldn't it be ironic if honorably discharged vets, let's call them Jody and Josh, were depicting a non vet to garner bitcoin donations knowing full well that said homeless vet and the honorably discharged vets were all employed at the same multi-million dollar facility, each earning a comfortable wage? Fuck the ironic part! That would be simply sick, and I don't mean sick in the modern vernacular either. I mean FUCKIN' SICK!

#ASKFTC

PS: Apologies if this post made the blood boil of honorable servicemen worldwide, for that was my intent. If it didn't make your blood boil, then may I suggest grabbing the nearest puppy and flushing it down the toilet to start your wonderful day. If you can't find a puppy, then a kitty used as a piñata would suffice.

What are the odds of it being somebody at Butterfly Labs Inc. being the one that first introduced this homeless vet to the world?

https://www.facebook.com/ButterflyLabs/photos/pb.470018806363264.-2207520000.1409132865./527528890612255/?type=1

[Gleb Gamow]

And, seriously, you don't honestly believe that I'm trying to harm newbies do you, for that the furthest from the truth?

Yes, people come to this forum to learn and you fill them up with your bullshit.

THIS AIN'T NO MOTHERFUCKIN' HOBBY OF MINE!

You love the attention, you thank people for posting in your threads because it brings them to the top again, your a total attention hore and accusing people of stuff gets you the most attention at the moment... so here we are.

BTW, this 1QAH... BWA episode started over a year ago, and BitPay had yet to denounce it after several attempts, even Tony going outta his way to purposely avoid me not once, not twice, but three times when I approached him at the Chicago conference.

He was running away from you because you're a kook!  You make shit up and blast it out to as many people as possible to make yourself feel wanted.  Reality is, you're a joke.  Seriously, when bitcoin's get together the start conversations with "Did you hear the latest shit Phinnius is spouting" (Happened to me more than once).

I apologize for being so harsh, but this shit has to stop.

Hey, bud, just wanted to show you some more circumstantial evidence I uncovered:



Okay, I used Google maps and traveled down all the interstates and believe I found the sign and light pole. Please, Jehovah, let me have this one right, for I want to save face with the Bitcoin community because my cred is in jep. Amen!



#ASKFTC

[Gleb Gamow]

And, seriously, you don't honestly believe that I'm trying to harm newbies do you, for that the furthest from the truth?

Yes, people come to this forum to learn and you fill them up with your bullshit.

THIS AIN'T NO MOTHERFUCKIN' HOBBY OF MINE!

You love the attention, you thank people for posting in your threads because it brings them to the top again, your a total attention hore and accusing people of stuff gets you the most attention at the moment... so here we are.

BTW, this 1QAH... BWA episode started over a year ago, and BitPay had yet to denounce it after several attempts, even Tony going outta his way to purposely avoid me not once, not twice, but three times when I approached him at the Chicago conference.

He was running away from you because you're a kook!  You make shit up and blast it out to as many people as possible to make yourself feel wanted.  Reality is, you're a joke.  Seriously, when bitcoin's get together the start conversations with "Did you hear the latest shit Phinnius is spouting" (Happened to me more than once).

I apologize for being so harsh, but this shit has to stop.

Hey, Neil, look at some more circumstantial evidence I the kook uncovered:







Question: What are the odds of the person who administers BFL's Facebook page just happens to come across a homeless vet panhandling for bitcoin donations in front of BFL's former facility, coupled with the homeless vet resembling John Mutrux, the photographer, just like Christ Vleisides, Sonny's step-dad, who lives with Jody Drake and a chicken named Maude, and also works at BFL?

Then again, just chalk this up as being once again circumstantial evidence dreamt up by a kook - me - trying to connect dots that are in no way related because I want attention for being a drama queen. Your call!

#ASKFTC

[wunkbone]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

[Gleb Gamow]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

BFL wouldn't have had any trouble opening an account with BitStamp. In fact, they would've welcomed it. But, since BFL already had a relationship with BitPay, they felt that they could just about get away with anything forgetting all about the open-ledger aspect of the blockchain.

Hell, from what we're able to ascertain, it looks like BFL was constantly having accounting issues, so why introduce another payment provider into the mix to further fuck things up and having later to answer to Sonny's probation officer when (not if) Courtney N. Pierce requests documents.

#ASKFTC

[wunkbone]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

BFL wouldn't have had any trouble opening an account with BitStamp. In fact, they would've welcomed it. But, since BFL already had a relationship with BitPay, they felt that they could just about get away with anything forgetting all about the open-ledger aspect of the blockchain.

Hell, from what we're able to ascertain, it looks like BFL was constantly having accounting issues, so why introduce another payment provider into the mix to further fuck things up and having later to answer to Sonny's probation officer when (not if) Courtney N. Pierce requests documents.

#ASKFTC

Well in all reality, any transaction that involved BFL depositing their bitcoin to bitstamp and then selling such bitcoin would look very similar to what you are accusing BFL of doing on the blockchain. Also it would realistically not be possible to tell when BFL would actually sell their bitcoin or if they simply were keeping their bitcoin on "deposit" with bitstamp.

I think this question has been asked a few times above, but not answered; wouldn't you prefer that BFL's money be in fiat form instead of bitcoin form as fiat is much easier for the FTC to control then bitcoin?

[Gleb Gamow]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

BFL wouldn't have had any trouble opening an account with BitStamp. In fact, they would've welcomed it. But, since BFL already had a relationship with BitPay, they felt that they could just about get away with anything forgetting all about the open-ledger aspect of the blockchain.

Hell, from what we're able to ascertain, it looks like BFL was constantly having accounting issues, so why introduce another payment provider into the mix to further fuck things up and having later to answer to Sonny's probation officer when (not if) Courtney N. Pierce requests documents.

#ASKFTC

Well in all reality, any transaction that involved BFL depositing their bitcoin to bitstamp and then selling such bitcoin would look very similar to what you are accusing BFL of doing on the blockchain. Also it would realistically not be possible to tell when BFL would actually sell their bitcoin or if they simply were keeping their bitcoin on "deposit" with bitstamp.

I think this question has been asked a few times above, but not answered; wouldn't you prefer that BFL's money be in fiat form instead of bitcoin form as fiat is much easier for the FTC to control then bitcoin?

To address your question, BFL converted $5M+ USD worth of BFC to fiat that was deposited into their bank account during an ~30-day time period prior to the raid on September 19, 2013 by the FTC, and when they got to BFL's Harris bank, ~80% of the cash was already gone, as in Pufffff!, hence the FTC taking action, for they were able to show a judge that that was the case, and that the bleeding had to stop ASAP.

#ASKFTC

[Btcvilla]

Hopefully they wont pull a moolah  .

[YangBus]

You should be a dectetive....wait are you a detective?

[Gleb Gamow]

You should be a dectetive....wait are you a detective?

I detect you're implying something.

https://bitcointalk.org/index.php?topic=48022.msg573821#msg573821



Psy didn't pass these badges out to everybody. In fact, I'm the only one who's gotten one.

[Gleb Gamow]

Here's another 4800 BTC converted to fiat via BitPay using a different address that sneaked outta of BFL's Harris bank account: https://blockchain.info/address/15pZa4nTxGMcqjXUArPdjqJ162DoHCueMr

#ASKFTC

http://www.walletexplorer.com/address/15pZa4nTxGMcqjXUArPdjqJ162DoHCueMr

[wunkbone]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

BFL wouldn't have had any trouble opening an account with BitStamp. In fact, they would've welcomed it. But, since BFL already had a relationship with BitPay, they felt that they could just about get away with anything forgetting all about the open-ledger aspect of the blockchain.

Hell, from what we're able to ascertain, it looks like BFL was constantly having accounting issues, so why introduce another payment provider into the mix to further fuck things up and having later to answer to Sonny's probation officer when (not if) Courtney N. Pierce requests documents.

#ASKFTC

Well in all reality, any transaction that involved BFL depositing their bitcoin to bitstamp and then selling such bitcoin would look very similar to what you are accusing BFL of doing on the blockchain. Also it would realistically not be possible to tell when BFL would actually sell their bitcoin or if they simply were keeping their bitcoin on "deposit" with bitstamp.

I think this question has been asked a few times above, but not answered; wouldn't you prefer that BFL's money be in fiat form instead of bitcoin form as fiat is much easier for the FTC to control then bitcoin?

To address your question, BFL converted $5M+ USD worth of BFC to fiat that was deposited into their bank account during an ~30-day time period prior to the raid on September 19, 2013 by the FTC, and when they got to BFL's Harris bank, ~80% of the cash was already gone, as in Pufffff!, hence the FTC taking action, for they were able to show a judge that that was the case, and that the bleeding had to stop ASAP.

#ASKFTC

It is a lot easier to trace fiat then it is to trace bitcoin. There are a large number of services that will hide the source of bitcoin (eg, mixers/tumblers), however no such services exist with fiat money. I can say with a very good amount of certainty that the money will be able to be traced through the financial system. It is not possible for a check to be written to "cash" from a business account, so any money that is withdrawn from BFL's accounts would need to be written to a specific person, and if such person was trying to hide money then they can be held accountable.

[Gleb Gamow]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

BFL wouldn't have had any trouble opening an account with BitStamp. In fact, they would've welcomed it. But, since BFL already had a relationship with BitPay, they felt that they could just about get away with anything forgetting all about the open-ledger aspect of the blockchain.

Hell, from what we're able to ascertain, it looks like BFL was constantly having accounting issues, so why introduce another payment provider into the mix to further fuck things up and having later to answer to Sonny's probation officer when (not if) Courtney N. Pierce requests documents.

#ASKFTC

Well in all reality, any transaction that involved BFL depositing their bitcoin to bitstamp and then selling such bitcoin would look very similar to what you are accusing BFL of doing on the blockchain. Also it would realistically not be possible to tell when BFL would actually sell their bitcoin or if they simply were keeping their bitcoin on "deposit" with bitstamp.

I think this question has been asked a few times above, but not answered; wouldn't you prefer that BFL's money be in fiat form instead of bitcoin form as fiat is much easier for the FTC to control then bitcoin?

To address your question, BFL converted $5M+ USD worth of BFC to fiat that was deposited into their bank account during an ~30-day time period prior to the raid on September 19, 2013 by the FTC, and when they got to BFL's Harris bank, ~80% of the cash was already gone, as in Pufffff!, hence the FTC taking action, for they were able to show a judge that that was the case, and that the bleeding had to stop ASAP.

#ASKFTC

It is a lot easier to trace fiat then it is to trace bitcoin. There are a large number of services that will hide the source of bitcoin (eg, mixers/tumblers), however no such services exist with fiat money. I can say with a very good amount of certainty that the money will be able to be traced through the financial system. It is not possible for a check to be written to "cash" from a business account, so any money that is withdrawn from BFL's accounts would need to be written to a specific person, and if such person was trying to hide money then they can be held accountable.

Check # 2038: BFL to Acme Capacitors. $702,254
Check # 2039: BFL to Acme Resistors. $1,033,902

You get the idea.

Update1: The two above companies have merged and is now called Acme CapRes.
Update2: Acme CapRes just went outta business.

[wunkbone]

Yeah! Congratulations to Bitpay! In the next few weeks or months, another payment provider will crossover to an exchange.

BFL could've easily used BitStamp to accomplish the same thing they used BitPay for, for BitPay uses BitStamp, among others, to reverse its position, viz. replenish fiat in their bank account.

#ASKFTC

I don't understand what exactly you are accusing BFL of doing. If they already have a relationship with bitpay why would they need to go through the hassle of opening an account with bitstamp? They would realistically not save any money by trading with bitstamp as any amount they save on trading fees would be lost to slippage

BFL wouldn't have had any trouble opening an account with BitStamp. In fact, they would've welcomed it. But, since BFL already had a relationship with BitPay, they felt that they could just about get away with anything forgetting all about the open-ledger aspect of the blockchain.

Hell, from what we're able to ascertain, it looks like BFL was constantly having accounting issues, so why introduce another payment provider into the mix to further fuck things up and having later to answer to Sonny's probation officer when (not if) Courtney N. Pierce requests documents.

#ASKFTC

Well in all reality, any transaction that involved BFL depositing their bitcoin to bitstamp and then selling such bitcoin would look very similar to what you are accusing BFL of doing on the blockchain. Also it would realistically not be possible to tell when BFL would actually sell their bitcoin or if they simply were keeping their bitcoin on "deposit" with bitstamp.

I think this question has been asked a few times above, but not answered; wouldn't you prefer that BFL's money be in fiat form instead of bitcoin form as fiat is much easier for the FTC to control then bitcoin?

To address your question, BFL converted $5M+ USD worth of BFC to fiat that was deposited into their bank account during an ~30-day time period prior to the raid on September 19, 2013 by the FTC, and when they got to BFL's Harris bank, ~80% of the cash was already gone, as in Pufffff!, hence the FTC taking action, for they were able to show a judge that that was the case, and that the bleeding had to stop ASAP.

#ASKFTC

It is a lot easier to trace fiat then it is to trace bitcoin. There are a large number of services that will hide the source of bitcoin (eg, mixers/tumblers), however no such services exist with fiat money. I can say with a very good amount of certainty that the money will be able to be traced through the financial system. It is not possible for a check to be written to "cash" from a business account, so any money that is withdrawn from BFL's accounts would need to be written to a specific person, and if such person was trying to hide money then they can be held accountable.

Check # 2038: BFL to Acme Capacitors. $702,254
Check # 2039: BFL to Acme Resistors. $1,033,902

You get the idea.

Update1: The two above companies have merged and is now called Acme CapRes.
Update2: Acme CapRes just went outta business.

There are much more complex requirements regarding the ownership of companies. You would need to see who authorized the checks, what they were payments for and if services were actually received.

There is also much more paperwork required to start a company and to "close" a company as you describe. The FTC would be able to trace the route of money from BFL to Acme CapRes (in your example) and can see who is authorized to write checks against their bank accounts, as well as what happened to the money that was deposited by BFL

[Gleb Gamow]

http://www.mobilepaymentstoday.com/news/former-sec-chairman-arthur-levitt-named-advisor-to-bitpay-and-vaurum/

Arthur Levitt Jr., the former chairman of the U.S. SEC, has been named an official advisor to bitcoin payment processor Bitpay as well as to Vaurum, an institutional bitcoin exchange.

I guess since BitPay has chosen to be silent on HashTreade's BFL's use of their 1QAHVyRzkmD4j1pU5W89htZ3c6D6E7iWDs BWA to launder BTC to fiat directed to their Harris bank account for over a year now, perhaps Arthur Levitt Jr. will offer to weigh-in to share with now his fellow bitcoiners how such a ruse was accomplished.

If Sonny Vleisides is brazen enough to convince his probation officer, Courtney N. Pierce, that his ~$1K dealerhound.com is worth ~$2M (Sonny's very words), then he's brazen enough to wash in excise of $10M worth of BTC through BitPay thinkin' that nary a one would notice.

Well, guess what, Sonny Vleisides? The whole world notices now thanks to moi, which is French for...


<Damn, I love the octopus in this "Sorry, Charlie!" image.>

#ASKFTC

If these fuckers want to don big-boy pants to play with the bigger boys, then us grunts that made the big-boy-wannabes desire to play too after we expended our unique efforts to further Bitcoin so that you clowns could run it into the ground.

[grahvity]

Wow. This is getting good. The press is in on it.

https://twitter.com/bitcoin_latest/status/528659795486584833

[wunkbone]

Wow. This is getting good. The press is in on it.

https://twitter.com/bitcoin_latest/status/528659795486584833

I am not sure that "@BTC_news" should be considered to be "press" (I would say the same about many other "news" sites that report on bitcoin). All this really appears to be is a twitter handle with the term news in it, not only that but they have well under a thousand followers

[Gleb Gamow]

Wow. This is getting good. The press is in on it.

https://twitter.com/bitcoin_latest/status/528659795486584833

Dude, you're making my dick hard. This best be the real deal, for I'm about to click the link, thanking you in advance, but coming back here to dox your cat if I get Rick Rolled.

[Gleb Gamow]

Wow. This is getting good. The press is in on it.

https://twitter.com/bitcoin_latest/status/528659795486584833

I am not sure that "@BTC_news" should be considered to be "press" (I would say the same about many other "news" sites that report on bitcoin). All this really appears to be is a twitter handle with the term news in it, not only that but they have well under a thousand followers

Well, that was fun: Following a link from here; Go to Twitter; Click another link; View an ad page, some of which probably owned by Jeff Ownby; Click off the ad; End up back here. I felt like I was in a Rube Goldberg machine.

As promised, grahvity's cat licks itself.