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Bitcoin Exchange CEO arrested

KipKip Posts: 852
in Precious Metals
Bitcoin Exchange CEO arrested

Text
UCSB Electrical Engineering....... USCG and NASA

Comments

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Can bail be posted with Bitcoin?
  • KipKip Posts: 852


    << <i>Can bail be posted with Bitcoin? >>



    image
    UCSB Electrical Engineering....... USCG and NASA
  • LukeMarshallLukeMarshall Posts: 1,983 ✭✭✭✭✭


    << <i>Can bail be posted with Bitcoin? >>



    Probably not yet, but he could hire a lawyer with them...

    Here

    Seems like this guy was already raking in money through the BitInstant business, whatever is intentions were for "helping" out this older fellow even if good in his own mind, one must be reminded that in the current governmental and economical environment, one should be wary of having ones cake and eating it to.

    Pd

    It's all about what the people want...

  • derrybderryb Posts: 36,824 ✭✭✭✭✭


    << <i>Bitcoin CEO arrested

    Text >>


    He's not the Bitcoin CEO. He's CEO of BitInstant, one of many exchanges that buy and sell bitcoins. he and his exchange are charged with money laundering. I don't believe there is even a such thing as a "Bitcoin CEO."

    Since they can't attack the bitcoin, their only alternative is to go after those who use it to break the law and hope the bad publicity rubs off on bitcoin.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • johnny9434johnny9434 Posts: 28,335 ✭✭✭✭✭
    its amazing to hear & read that
  • element159element159 Posts: 512 ✭✭✭


    << <i>I don't believe there is even a such thing as a "Bitcoin CEO." >>


    There is no such thing even as the Bitcoin company or organization, much less CEO! I think that is part of the point. The idea is that the community, with no central authority, can reliably agree that a piece of information is correct. And that agreement can be used as a currency basis.

    The inventor/mastermind of Bitcoin is openly known only as a pseudonym.
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    << <i>

    << <i>I don't believe there is even a such thing as a "Bitcoin CEO." >>


    There is no such thing even as the Bitcoin company or organization, much less CEO! I think that is part of the point. The idea is that the community, with no central authority, can reliably agree that a piece of information is correct. And that agreement can be used as a currency basis.

    The inventor/mastermind of Bitcoin is openly known only as a pseudonym. >>



    He goes only by his initials N.S.A. image
  • SwampboySwampboy Posts: 12,990 ✭✭✭✭✭
    image

    "Inspiration exists, but it has to find you working" Pablo Picasso

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