Bitcoin Lifestyle Review 2020: Is it a scam or legit? 🕵️ ...

BTC-e case: Some thoughts and questions

Having reviewed both the indictment as well as the press release from the DoJ, there are several questions I think should be discussed. Some parts of the indictment make me believe that this whole action against BTC-e and Vinnik could lead to much more problems than most are aware at the moment.
For example: In count 2 of the indictment, they write: "BTC-e was an international money laundering scheme [...]". They do not state that parts of BTC-e were used by the defendants as a money laundering scheme. BTC-e was, according to the DoJ, a money laundering scheme, thus all persons who ever deposed money or Bitcoin or any other cryptocurrency in BTC-e may be seen by the US as co-conspirators. I personally never used BTC-e, so I don't really care for me, but I know that people who were doing legit business also were using BTC-e. So does this mean that all of them potentially have to face a lawsuit against them in the US?
Under count 6, they state: "Despite doing substantial business in the United States, BTC-e was not registered as a money services business... [...] as federal law requires." Now they also state that BTC-e was managed by a company in the Seychelles and had its web domains registered in countries like Singapore, British Vifgin Islands, France and New Zealand while BTC-e stated to be located in Bulgaria, operating under the laws of Cyprus. At the end of the day, under count 16, the indictment states that BTC-e - which, according to the indictment didn't ask its clients for identifiers, serverd "numerous customers in the United States and customers in the Northern District of California." Am I the only one who thinks this is weird? First the DoJ claims that BTC-e did not ask for any identifier, then the DoJ claims that there were a lot of - obviously identifiable - customers from the US? Well, at least two of them were identified: Two corrupt U.S. federal agents.
Okay, then the indictment states that BTC-e used servers in the US. I guess they refer to Cloudflare. So using Cloudflare makes you potentially a subject to US law? Also, the indictment states that companies in California were used by BTC-e. But none of them is named nor its role. This looks a bit weird.
The indictment also states that wire transfers from banks in the U.S. and made by U.S. citizens were accepted.
So my interpretation of this: ANY Bitcoin exchange accepting wire transfers from the U.S. or accepting clients from the U.S. or using any internet service from the U.S. is potentially at risk of being prosecuted if they do not comply with U.S. laws.
Later in the indictment, they list illegal transactions of about 18'000 Mt.Gox-Bitcoin to Tradehill in San Francisco. All of these transactions took place in January and February 2012, the last ones on February 12, 2012. The next day, Tradehill announced that it will shut down its operations. Tradehill was by then, if I understand it correctly, set up and operated by Jered Kenna. So would this make him a money launderer, too?
To make one thing clear: I never used Mt.Gox nor BTC-e, nor do I support money laundering in any way. However, this case could become more important over the time for Bitcoin related businesses all over the world. It means: Accepting clients from the U.S. or using internet services in the U.S. potentially puts you in a situation where you have to act according to U.S. laws.
I live in Europe, and I'm willing to live according my country's laws (as far as possible). However, I am not willing to form my business to comply with U.S. laws - which sometimes would make me violate domestic laws.
In the long term, this could mean that Bitcoin companies should refuse to render their services to any US citizen and/or company.
submitted by NetAtraX to Bitcoin [link] [comments]

tradehill - any review ?

I'm currently on bitstamp, I've tried mtgox in the past and while 'OK' when not lagging, it's lagging far too much and too long to be of any use and doesn't have ideal funding option from the UK or EU and last but not least I don't like it centralizing bitcoin price discovery.
What about tradehill ? I noticed to join you have to have either 10k$ or 100 btc or 5k$ code from mtgox. Has anyone used it ? do you know of any fair review of it ?
Do you know what are the account funding/deposit options ?
submitted by donotwastetime to Bitcoin [link] [comments]

The Bitcoin Show - Episode 002 Bitcoin Report Volume 15 (Market Depth) The Bitcoin Show Episode 002 Jered Kenna, Tradehill.com Adam Stradling on Coin4ce & CoinSummit Trade Journal & The Review Process

Buy Bitcoin with a Credit Card. These days it’s getting much easier to purchase Bitcoin with a credit card. The problem of chargebacks has been mitigated through anti-fraud companies, and more and more exchanges allow credit cards as a valid payment option. In this post I’ll review the most popular methods for buying Bitcoin with a credit card. Bitcoin Lifestyle is real according to client testimonials and our review. A background check on the information on their website further attests that they are trustworthy. Firstly, they are ready to disclose all the crucial information about their trading technologies. Secondly, they do not exaggerate their potential and always give a disclaimer about the risks of using the trading system. jump to content. my subreddits. edit subscriptions Tradehill start-up was the first amongst these and was dedicated to anonymous Bitcoin dark ... Now, let’s continue with our bitcoin trader review. We know it is a promising cryptocurrency bot. But, what exactly is that? Because of the fluctuating nature of the cryptocurrency market, autotrading bots have gained a lot of prominence. The reason is that these Bitcoin forex trader bots enable 24 ... Review of Bitcoin South Africa. Overall, your site is very helpful. Gives quite a neutral view on crypto's. I ordered a Ledger Nano from the site. After I had paid for it, the site confirmed that it received funds however, I had no further confirmation on delivery of the Ledger. I was actually under the impression that I was scammed until Aramax couriers arrived at my door step with the Ledger ...

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The Bitcoin Show - Episode 002

Money & Tech's Jered Kenna sat down with his old friend and former Tradehill colleague Adam Stradling, who is now Founder and CEO of Coin4ce, a fixed-rate exchange based in Chile driven to to ... Guest: TradeHill.com The show is about Dwolla's devastating malfeasance and going incommunicado about it. TradeHill claims that Dwolla has reversed transactions without any notifications. Live Bitcoin Trading With DeriBot on Deribit DeriBot Backup 154 watching. Live now; Trade Breakdown - UsdCad #forex #daytrading #forextrading - Duration: 22:11. Ellis Fx 4,136 views. 22:11. The ... Video interview with Jered Kenna, TradeHill and Bitcoin.com, CEO & Charlie Shrem, CEO BitInstant.com @ Future of Money & Technology Conference. April 25, 201... Bitcoin Worldwide Exclusive: New Competitor to MtGox: Use Referral Code: TH-R141 for a 10% DISCOUNT FOR LIFE! Guest: Jered Kenna TradeHill.com 2-Factor Authentication TradeHill rolls out the new 2 ...

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