samson
Legendary
*
Offline Offline

Activity: 1708
Merit: 1018


View Profile Personal Message (Offline)

Ignore
June 24, 2013, 02:05:32 PM

1.The Cease & Desist

"f found guilty, the conference organiser for Bitcoin, the decentralised digital currency, could face fines of $1,000 - $2,500 (£650 - £1,600) per violation, or per day if violations are less frequent, plus criminal prosecution which could result in five years in prison and a fine of up to $250,000."
How do you prove they are a money transmitter?
Hope they don't keep Avalons in their office.

2.The news comes just days after  Gox, suspended users from withdrawing their Bitcoins as US dollars for two weeks.

I see a coordinated attack. Though, they seem to have the wrong target in the case of the foundaton.

Note that that is from May 30th so it isn't a coordinated attack, but I wonder why the foundation might not have mentioned it sooner?

When I get a baseless horseshit letter like that (and I've had a few over the years) I generally ignore it.