so why are people selling, this arrest finally proves that cash remains king when doing illegal business. ergo bitcoin is by far ( atm ) not the way to go when trying to commit illegal activities.
the hypocrisy of this arrest is huge.
http://www.cbc.ca/news/business/hsbc-s-1-9b-money-laundering-settlement-approved-by-judge-1.1377272 lol why didn't they go an arrest these fucks.
HSBC was found to have laundered over $670 billion over the course of four years, and this makes BitInstant's total amount pale in comparison. HSBC was eventually fined $1.9 billion in an arranged agreement, which equates to 3/100% of the total amount laundered through their institution. -http://www.examiner.com/article/bitcoin-exchange-joins-hsbc-money-laundering-for-drug-sales
...I'm fine with you going after money laundering, etc but apply the rules the same way.