23 Jun '13, 3pm

My comment on "Bitcoin Foundation Receives Cease And Desist Order From California" @Forbes:

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization. If found to be in violation of California Financial Code, penalties can be severe ranging from $1,000 to $2,500 per violation per day plus criminal prosecution which could result in fines and/or imprisonment. Additionally, it is a felony violation of federal law to engage in the business of money transmission without the appropriate state license or failure to register with the U.S. Treasury Department. Convictions under the federal statute are punishable by up to 5 years in prison and a $250,000 fine. The Bitcoin Foun...

Full article: http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin...

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Bitcoin Foundation Receives Cease And Desist Or...

forbes.com 23 Jun '13, 3pm

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, Ca...

Bitcoin Foundation Receives Cease And Desist Or...

techmeme.com 23 Jun '13, 5pm

Bitcoin Foundation Receives Cease And Desist Order From California — Directly following last month's Bitcoin 2013 conferen...

California sends a cease and desist order to th...

arstechnica.com 23 Jun '13, 9pm

California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "alle...

California Sends a Cease and Desist Order To th...

yro.slashdot.org 24 Jun '13, 6am

"California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "all...

California issued cease and desist order against Bitcoin Foundation

California issued cease and desist order agains...

thehackernews.com 24 Jun '13, 8am

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, wh...

California issues cease and desist letter to Bitcoin Foundation

California issues cease and desist letter to Bi...

coindesk.com 23 Jun '13, 10pm

The bitcoin community was reeling over the weekend, after it was revealed that California’s state financial regulator had ...

Bitcoin Foundation Gets Cease-And-Desist Letter...

businessinsider.com 23 Jun '13, 8pm

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, Fo...

Bitcoin Foundation hit with cease and desist order

Bitcoin Foundation hit with cease and desist order

net-security.org 24 Jun '13, 2pm

The Bitcoin Foundation has received a cease and desist letter from the California Department of Financial Institutions, sa...

Bitcoin Foundation Receives 'Cease and Desist' ...

cnbc.com 24 Jun '13, 1pm

Not-for-profit organization the Bitcoin Foundation has been sent a "cease and desist" letter from California's financial r...

California sends cease and desist letter to Bit...

wired.co.uk 24 Jun '13, 9am

California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "alle...

California orders Bitcoin Foundation to "cease ...

wired.com 24 Jun '13, 7pm

The California regulator that oversees the state’s banks, money-transmitters and credit unions thinks the nonprofit organi...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 12am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 1am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 12am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation comes under fire in California

Bitcoin Foundation comes under fire in California

venturebeat.com 23 Jun '13, 8pm

July 9-10, 2013 San Francisco, CA Tickets On Sale Now Government authorities increasingly view digital currencies, namely ...