Shrem to jail for two years!!! Holy shit!

[548845]

The nose knows.

I watch "Rise and rise of Bitcoin" and listen to Charlie saying "I don't wanna go to jail" for some keks.

Greedy jew got off easy if you ask me.

Still confused. Thats where I heard about him the first time as well, and they said he was under house arrest.
Is this jail thing for 2 years, a new thing come up?

He was under house arrest while waiting to go on trial.
He went on trial and got 2 years.

That being said let this be a lesson to anyone wanting to use Bitcoin for illicit purposes.

The lesson is:   
. <--- this is your asshole now
O <---- this is your asshole in jail

[caga]

The nose knows.

I watch "Rise and rise of Bitcoin" and listen to Charlie saying "I don't wanna go to jail" for some keks.

Greedy jew got off easy if you ask me.

Still confused. Thats where I heard about him the first time as well, and they said he was under house arrest.
Is this jail thing for 2 years, a new thing come up?

He was under house arrest while waiting to go on trial.
He went on trial and got 2 years.

That being said let this be a lesson to anyone wanting to use Bitcoin for illicit purposes.

The lesson is:   
. <--- this is your asshole now
O <---- this is your asshole in jail

Thanks for clearing that up.
ANd to add to it, this is probably only in the states. Laws arent cleraly defined in some other countries.

[jdbtracker]

This is a important factor that needs to be addressed, what is the legality by territory of Freedom? What amount of Freedom is allowed, is Freedom of Speech allowed? What level of Freedom of Action is allowed?

I would recommend that someone help out the community by creating a relational database in Neo4j of related laws affecting Bitcoin and which organization has say in the Enforcement and decision making of those laws, their mandate and global effects throughout their history. There is no need to Gimp the Community by spreading FUD... we need to tackle this in a scientific and replicable manner... we believe in p2p lets use our collective minds, actions and Dreams in our favor.

so scope would be global

1: Figure out Global organizations that can affect Bitcoin
2: Continental Organizations
3: Country specific ones
4: Provincial, State, Department, etc organizations within individual governments

next we figure out how they interact with each other starting from largest to smallest

1: Which Global Organizations have legal structures over-seeing smaller ones?
2: What mandate do these large and small organization have in common with each other?
3: Is there any breaks in the legal structures?  Do smaller autonomous Regional organizations have conflicting interests?
4: Who are these Organizations accountable too and do they have legal structures for their Constituents/representatives to put motions forward?

Now we figure out the history of the organizations and spot anyone s that used to exist but no longer do and what effect they have had on global events.

1: Begin researching original mandates of these organizations and how they have changed over time and why.
2: How have they interacted with other known organizations over time?
3: What effect have these Organizations had on Global events?
4: What factors have lead to these decisions and changes in mandate?

last we measure the psychological, physical, social effects that these organizations have had on their Constituents/Citizens

1: What effect have the histories of these organizations had on the population of the World?
2: What changes in the way that people have interacted changed?
3: How has the mass media been affected? are they self censoring, have their been major changes in their staff? Any major dissidents and what has happened to them?
4: What are the intentional and unintentional along with interesting effects that these organizations have had?


This all would have to be done in an open source manner so as many people as possible could read from it, query it and find how their individual ideas are affected by these organizations, preferably to be done on a blockchain to maximize Censorship resistance so that we may get a clear understanding with verifiable information traceable back to the source, just like in an academic paper. Use what already exists, categorize it and draw the connections between all the known factors. All searchable and open source for anyone to use, expand upon and discuss.  This will allow anyone to see if their Governments give them the opportunity to participate in their own Governance or if it is nothing more than a Facade with no  opportunity for Citizens to meaningfully put concerns forward... Basically: Are you living in a Oligarchy? Has your entire Legal Structure been setup to support an Elitist control structure, with no means of Personal Sovereignty?

I would recommend this Blockchain Database to be verified with hashes of original materials, to be setup as a side-chain for the Bitcoin mining protocol to protect it's integrity. so, academic papers, the written mandates, individual forms for submission and their hierarchy, Books, Historical documents, anything relevant has to be included into the Blockchain in as broad a scope as possible to make sure all points of view are accounted for.


The key words here are: Organizations, Governments, Businesses, Conglomerates, Cartels, Corporations, Courts, Markets, Laws, Mandates, Policies, Legal Structures, Mass Media, Sociology, Currencies, Populations, Demographics, Education, Psychology, Individuals, Forms, History, Lobbyists, Scientific Analysis, hierarchies, etc...

We have no choice at this point, we have to begin mapping out these systems and drawing correlations between them in a way that regular people can search through and be able to know what forms they must fill out and who they must speak to, with known historical outcomes of different actions.

[TheButterZone]

This is very sad, not only because Charlie is in Jail, but because it discourages people from wanting to create businesses with Bitcoin.

It should discourage people from creating illegal businesses, not businesses with Bitcoin.

All businesses are illegal unless you pay bribes of various types and by other names. Even something as simple as selling a single human hair.

Supposedly Silk Road was only for select victimless "crimes" and banned personal weapons (despite their mere possession being a human right infringed worldwide), terrorism, murder for hire, human trafficking, child porn, ID theft, or any legitimate (victimful) crime from being facilitated on it. Perhaps the US Navy devs who made TOR should be executed for all those things, because that's what happened/s elsewhere on TOR.

[Beliathon]

[data_teks]

He'll only actually serve about 18 months in prison.  Should get about 3.6 months good time and another 3 months home confinement or halfway house for the last bit of his sentence.


He wont be in any cell. He'll be at a prison camp where time will fly so fast.  He'll be going into the system as already being a "short timer".  In terms of FED sentencing, he got off super easy.

[slacknation]

He knew what he was doing. They've got kyc in place but he made an exception for this case due to greed. All along from the outside he made himself to be someone to be strict on kyc and compliance.

[moriartybitcoin]

lol he's such a moron!!

[moriartybitcoin]

Two years for him while all those banking exec douchebags who helped facilitate money laundering on an industrial scale got off with fines. Crazy world.

AGREED

[MarketNeutral]

An objective observation here: Shrem's notorious lifestyle certainly did not help his case. Regardless of the morality of the law and its interpretation thereof, if one conspicuously and flagrantly indulges in illegal intoxicants with shady hangers-on and women of negotiable affections, with profits made from dodgy websites, then one is asking for trouble.

[fr4nkthetank]

The fed is crazy!  What the hell does Charlie have to go to jail for two years for?  If you are going to do bitcoin, be careful you don't do something illegal!!!!

Thanks for the head's up! I'll make sure not to conspire with drug dealers to launder cash. lol

laundering cash with bitcoins, or cats, or washing machines its all the same.  yup

[gargantuar]

This is a important factor that needs to be addressed, what is the legality by territory of Freedom? What amount of Freedom is allowed, is Freedom of Speech allowed? What level of Freedom of Action is allowed?

I would recommend that someone help out the community by creating a relational database in Neo4j of related laws affecting Bitcoin and which organization has say in the Enforcement and decision making of those laws, their mandate and global effects throughout their history. There is no need to Gimp the Community by spreading FUD... we need to tackle this in a scientific and replicable manner... we believe in p2p lets use our collective minds, actions and Dreams in our favor.

so scope would be global

1: Figure out Global organizations that can affect Bitcoin
2: Continental Organizations
3: Country specific ones
4: Provincial, State, Department, etc organizations within individual governments

next we figure out how they interact with each other starting from largest to smallest

1: Which Global Organizations have legal structures over-seeing smaller ones?
2: What mandate do these large and small organization have in common with each other?
3: Is there any breaks in the legal structures?  Do smaller autonomous Regional organizations have conflicting interests?
4: Who are these Organizations accountable too and do they have legal structures for their Constituents/representatives to put motions forward?

Now we figure out the history of the organizations and spot anyone s that used to exist but no longer do and what effect they have had on global events.

1: Begin researching original mandates of these organizations and how they have changed over time and why.
2: How have they interacted with other known organizations over time?
3: What effect have these Organizations had on Global events?
4: What factors have lead to these decisions and changes in mandate?

last we measure the psychological, physical, social effects that these organizations have had on their Constituents/Citizens

1: What effect have the histories of these organizations had on the population of the World?
2: What changes in the way that people have interacted changed?
3: How has the mass media been affected? are they self censoring, have their been major changes in their staff? Any major dissidents and what has happened to them?
4: What are the intentional and unintentional along with interesting effects that these organizations have had?


This all would have to be done in an open source manner so as many people as possible could read from it, query it and find how their individual ideas are affected by these organizations, preferably to be done on a blockchain to maximize Censorship resistance so that we may get a clear understanding with verifiable information traceable back to the source, just like in an academic paper. Use what already exists, categorize it and draw the connections between all the known factors. All searchable and open source for anyone to use, expand upon and discuss.  This will allow anyone to see if their Governments give them the opportunity to participate in their own Governance or if it is nothing more than a Facade with no  opportunity for Citizens to meaningfully put concerns forward... Basically: Are you living in a Oligarchy? Has your entire Legal Structure been setup to support an Elitist control structure, with no means of Personal Sovereignty?

I would recommend this Blockchain Database to be verified with hashes of original materials, to be setup as a side-chain for the Bitcoin mining protocol to protect it's integrity. so, academic papers, the written mandates, individual forms for submission and their hierarchy, Books, Historical documents, anything relevant has to be included into the Blockchain in as broad a scope as possible to make sure all points of view are accounted for.


The key words here are: Organizations, Governments, Businesses, Conglomerates, Cartels, Corporations, Courts, Markets, Laws, Mandates, Policies, Legal Structures, Mass Media, Sociology, Currencies, Populations, Demographics, Education, Psychology, Individuals, Forms, History, Lobbyists, Scientific Analysis, hierarchies, etc...

We have no choice at this point, we have to begin mapping out these systems and drawing correlations between them in a way that regular people can search through and be able to know what forms they must fill out and who they must speak to, with known historical outcomes of different actions.

Wow!  Passion?  Energy?  Je ne sais quoi?  These are heavy tasks and to do them in a distributed way I would have thought impossible.  However, your post and the calories behind it make me have faith that this may be the next revolutionary war.  What would you like me to do to help?  I know I sound sarcastic but I am not.  This world is ready for change. We need more of this kind of energy and undogged determination.  Not my strong suit but I see it and repect it here.

[jdbtracker]

I just don't want to see the movement we have developed here falter. Bitcoin is important in so many ways, Businesses need to know where they stand, Organizations need legal guidance, no wonder the banks are cautious; I just think we need to solve these problems so that Bitcoin can grow, without Fear, Uncertainty or Doubt. And even go beyond it, using the technology to provide low cost, Quality Information... this could do amazing things.

If you must do something it is just to learn. Everything that is written on this forum is searchable by Google; So it will never disappear. When an idea is needed it will be here somewhere, each according to their own will in their own time. At the moment I just feel that some structure is needed on being able to tackle these things as a community and have good, accurate information, that does a service to the people in real time. Just, that what I am thinking is out of this world, monumental, but we will get there. I just see so much possibility with this technology, Distributed Consensus, Censorship Resistant Databases, and some other crazy stuff, that we can't even imagine yet.

And besides, It was just a matter of time before the Big Data Revolution began Data Mining Everything.

[gargantuar]

@jdbtracker:  I agree.  You have a conviction, humility, and energy that we should all appreciate.  Personal responsibility and so many other ideas have been midwived by people like you.  I was a libertarian at age 22 (44 now) and saw bitcoin as the separation of money and state in 2010 (later than many).

You spent time creating an agenda (a structure) for a distributed effort to tackle one of the most recent assaults to our individuality.  I respect that immensely.  The individuals that feel what we feel are innumerable.  While your long and well-thought-out post may have not taken much of your time, it was more than what most of us contribute and more than I have contributed in the 4 years I have lurked on this forum. 

I have significant resources but what would you like to see first?  Currently I am running full nodes at two IPs and 1.2 terrahashes but I can write, blog, and do a variety of other things.

[jdbtracker]

@jdbtracker:  I agree.  You have a conviction, humility, and energy that we should all appreciate.  Personal responsibility and so many other ideas have been midwived by people like you.  I was a libertarian at age 22 (44 now) and saw bitcoin as the separation of money and state in 2010 (later than many).

You spent time creating an agenda (a structure) for a distributed effort to tackle one of the most recent assaults to our individuality.  I respect that immensely.  The individuals that feel what we feel are innumerable.  While your long and well-thought-out post may have not taken much of your time, it was more than what most of us contribute and more than I have contributed in the 4 years I have lurked on this forum. 

I have significant resources but what would you like to see first?  Currently I am running full nodes at two IPs and 1.2 terrahashes but I can write, blog, and do a variety of other things.

At this point it is just research, learning Neo4j and beginning to try to understand this very important legal information in a way that can be accessible, searchable, by everyone. Research into any organizations that already are involved in investigating these Specific Legal Matters(Bitcoin, Politics, Currencies, etc) and bring their knowledge into the 21st century. It's easier to use what is already available which would be from Human Rights Organizations, Political Watch Dogs, or any organization that independently monitors Things that the Bitcoin Community may be interested in; Eventually it would be nice to have a legal resource tailored for Cryptocurrency Users, so that all the guess work is taken out, you know where you stand and can proceed securely, or at least know how to challenge the measures taken by Governments and Organizations, yup... a wikipedia for all legal concerns, but... uncensorable.

It's best to start small with a wiki and begin the process of searching for relevant information. It will be a lot of work, I can imagine it could take years to complete; To research all the laws, to categorize them, to research the history and map it all out, searching for correlations on best places to continue researching. But the more people help, learn, discuss and share what they've researched. The faster it can be fully implemented, the sooner people can use it as a foundation for their Legal Business research.

[moriartybitcoin]

anyone who did business with SHREM has good reason to be afraid of the cops knocking on their door (or knocking down their door ..)

no doubt Charles is talking, talking, talking to the US Attorney about all his past business dealings.

Good luck folks!

[franky1]

This is a important factor that needs to be addressed, what is the legality by territory of Freedom? What amount of Freedom is allowed, is Freedom of Speech allowed? What level of Freedom of Action is allowed?

the words "freedom of speach" is a right GIVEN to you as part of a legislative act. pretty much the constitution / human rights paperwork signed by authorities in the past, by whatever territory you rcognise / live in.

STOP referring to the "rights" bestowed upon you by acts and laws.. and instead just mention the biological abilities you have by the simple fact of being alive.

you can walk, not walk. talk, not talk. fart, not fart. its biology!...

the moment you ignore your biology and play into the "rights" game of legislation, then you are then part of that legislative system, which can take away your "rights"..

so dont talk about rights.. talk about biological abilities that no one else should ever be able to tell you that you can or cannot do.
(unless your on state handouts/benefits, in which case if you show that your a human, and not a robot that follows written rules, be prepared to have te rules around state handouts taken away from you, as you obviously dont recognise that rule)

[malaimult]

anyone who did business with SHREM has good reason to be afraid of the cops knocking on their door (or knocking down their door ..)

no doubt Charles is talking, talking, talking to the US Attorney about all his past business dealings.

Good luck folks!

Why would he corporate after he was sent to prison for 2 years? I would think that he would try to use his knowledge about questionable business activities prior to being sent to prison.

Regardless, the majority of Charlies business was on the 'up and up' and no laws were broken

[countryfree]

The BBC writes about it:

http://www.bbc.com/news/technology-30575103

Besides the harsh punishment, this is pretty bad news for BTC. If tomorrow I'm buying drugs with bitcoins I've bought today through an exchange, will the manager of that exchange company go to jail because he sold me the bitcoins I needed, providing me help in completing an illegal drug transaction?

This is highly worrying.
Charlie Shrem probably wasn't very smart, just like the average young man suddenly making big money, but somehow exchanges need to become like the post office, which isn't responsible if it delivers grass in a sealed envelope.

[jdbtracker]

This is a important factor that needs to be addressed, what is the legality by territory of Freedom? What amount of Freedom is allowed, is Freedom of Speech allowed? What level of Freedom of Action is allowed?

the words "freedom of speach" is a right GIVEN to you as part of a legislative act. pretty much the constitution / human rights paperwork signed by authorities in the past, by whatever territory you rcognise / live in.

STOP referring to the "rights" bestowed upon you by acts and laws.. and instead just mention the biological abilities you have by the simple fact of being alive.

you can walk, not walk. talk, not talk. fart, not fart. its biology!...

the moment you ignore your biology and play into the "rights" game of legislation, then you are then part of that legislative system, which can take away your "rights"..

so dont talk about rights.. talk about biological abilities that no one else should ever be able to tell you that you can or cannot do.
(unless your on state handouts/benefits, in which case if you show that your a human, and not a robot that follows written rules, be prepared to have te rules around state handouts taken away from you, as you obviously dont recognise that rule)

Powerful words... I like your attitude; And also very true. Laws, mandates, Policies do not define what we do... but it does delineate the actions that governs Governments, Corporations, and individuals, defining how we interact with these organizations. When these entities of far superior means begin to act against us it is very nice to be able to point out their divergence from agreed to Standards of Conduct. Trust me, when those are not there and someone is given enough power to hang your life in the balance... it is good to know where you stand, otherwise you end up in a place like Honduras where Violence is king, Money Talks, and Life is meaningless. If someone doesn't like the way you talk, they'll just kill you; Need paperwork done, Bribe someone; Everyone caries a gun and there is no justice, only what is convenient to officials is what is done... if they don't get some of your money, land, power, your screwed.

Everyone here is used to living in a place with restraints, watch dogs, accountability... your freedom has never been defined by the Gun in your pocket, Money in your bank account, or Power at your disposal; It is determined by Laws, Rights & Responsibilities, that define the conduct of Judges, Police, Politicians, Bureaucrats and other officially mandated representatives, knowing the rules they must follow is imperative to be able to define the appropriateness of their actions.

Eventually these systems will begin to be automated and these rules will be followed by enforcers that cannot be intimidated, Robots, by AI that cannot be swayed but follows legislation to the word, along with any hidden policies that are not Openly available to the public... this is important. These laws will eventually be automated by the system, enforced to the letter, creating the ultimate Police state, where all laws are enforced, all of the time, everywhere.

We will have no freedom on that day, when we realize the words written on those papers define a force that we cannot overcome, written by those who we let have full reign over the Collective might of our Lives.