6

US regulator: Bitcoin exchanges must comply with money-laundering laws

http://arstechnica.com

The federal agency charged with enforcing the nation's laws against money laundering has issued new guidelines suggesting that several parties in the Bitcoin economy qualify as Money Services Businesses under US law. MSBs must register with the federal government, collect information about their customers, and take steps to combat money laundering by their customers. The new guidelines do not mention Bitcoin by name, but there's little doubt which "de-centralized virtual currency" the Financial Crimes Enforcement Network (FinCEN) had in mind when it drafted the new guidelines.

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Cyphase's picture
Created by Cyphase 1 year 30 weeks ago – Made popular 1 year 30 weeks ago
Category: Regulation   Tags:
5

FinCEN sounds death knell for US based Bitcoin businesses

http://irdial.com

It seems that FinCEN has finally decided to opine on Bitcoin, without naming it specifically. This US pronouncement spells death to all “compliant” US Bitcoin companies that choose to remain based in the USA.

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Deslock Darkstar's picture
Created by Deslock Darkstar 1 year 30 weeks ago – Made popular 1 year 30 weeks ago
Category: Money   Tags:
8

Cops arrest kid for flipping over them on videotape.

http://www.youtube.com

Kid flips over cops on park bench. Cops arrest kid for it.

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cellularphonecase's picture
Created by cellularphonecase 1 year 30 weeks ago – Made popular 1 year 30 weeks ago
Category:   Tags:
6

2 US Judges Plead guilty to selling children to private prisons!

https://www.youtube.com

2 US Judges Plead guilty to selling children to private prisons. Judicial corruption at its worst.

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StrayLite's picture
Created by StrayLite 1 year 30 weeks ago – Made popular 1 year 30 weeks ago
Category: Police State   Tags:
7

Feds harass website owners because of linked sites.

http://ssdmf.info

If a website violates Section 1140, and you link to it, your site violates Section 1140, and are liable for $5000 civil penalty for every click on that link; and so every website linking to your website would also be in violation, and so on, even if you have a commercial ad server company running the ads on your site and cannot click them because that would be cheating. besides, if a website convincingly pretends to be Feds and you do click the link, how would you know they're not?

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SomebodySmart's picture
Created by SomebodySmart 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category:   Tags:
7

NY Assemblyman and drug warrior caught with pot

http://gothamist.com

NYC Assemblyman voted against medical marijuana. Now hypocrite caught in traffic stop with pot. Fashions self a drug warrior.

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geogavino's picture
Created by geogavino 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Self Ownership   Tags:
10

Woman fights Williamstown to feed her allergenic kids home raised food

http://sweetpeasfarm.webs.com

Jessica and her family moved a to rural homestead in hopes of raising food for her kids who have extreme food allergies. After receiving a verbal okay from the township allowing livestock animals such as chickens and goats she purchased a plot of land outside of the town Williamstown, MI. Now, the town is informing her that she has violated zoning laws and to remove her animals. She is fighting back for her family against the town and has a pretty detailed story above.

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Gryphonsclaw's picture
Created by Gryphonsclaw 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category:   Tags:
6

Tens of billions of dollars in unpaid taxes fly under radar

http://www.edmontonjournal.com

Tax evasion, both at home and abroad, is stealing potentially tens of billions of dollars in revenue from federal coffers and ultimately sapping money out of the pockets of law-abiding Canadian taxpayers."People that don't pay their fair share of the taxes means the rest of us have to pay more," says Liberal Sen. Percy Downe, who has been leading the fight in Parliament on tax evasion. "It's a tremendous revenue loss to the country." He wants the government to boost the CRA's funding for fighting tax evasion.

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canuckaroo's picture
Created by canuckaroo 1 year 31 weeks ago – Made popular 1 year 30 weeks ago
Category:   Tags:
8

Global Economics Lesson From Bitcoin - Business Insider

http://www.businessinsider.com

Limiting supply has clearly been a huge plus for the BTC. Becoming known as a currency for illegal drugs and gambling is more problematic, of course. But let’s not forget that the U.S. Treasury printed 3 billion $100 bills in the 2012 Fiscal Year. Most of those (the Federal Reserve estimates 80%) go overseas and many of them simply facilitate the global drug and arms trade, not to mention tax evasion and human trafficking. So the BTC’s growing role in the same types of business might qualify it for “Reserve currency” status sooner than anyone thinks.

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roryn3kids's picture
Created by roryn3kids 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Money   Tags:
4

Rand Paul, Rock Star: Libertarians Run the Show at CPAC

http://www.thedailybeast.com

Indeed, the libertarian crowd has been increasingly vocal at Obama-era CPACs—Ron Paul has routinely won the annual straw poll—but this year, the Rand Paul Brigades look something like an occupying force. Everywhere one turns, there are “Stand With Rand” signs, stickers, and T-shirts (a volunteer told me he had handed out a thousand shirts in just over two hours). In the rush to see the Kentucky senator’s speech, one Paul supporter thrust a “Stand With Rand” placard into a young conservative’s hands.

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wkth1's picture
Created by wkth1 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Outreach   Tags:
5

Hacked 911 call sends SWAT team to security reporter's house

http://arstechnica.com

Brian Krebs has always been a trailblazer among security reporters. His exposés completely shut down a California hosting service that coddled spammers and child pornographers and severely disrupted an organized crime syndicate known as RBN. More recently, his investigative journalism has followed the money to the people who sell malware exploit kits, illicitly procured credit reports, and DoS services in underground forums. Now, Krebs has achieved a decidedly more grim distinction.

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Cyphase's picture
Created by Cyphase 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Unintended Consequences   Tags:
4

FBI: ICE agent justified in killing of colleague

http://www.policeone.com

ICE agent shoots another ICE agent who was shooting another ICE agent... And it is OK, say prosecutors... But citizens should be disarmed.

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RedCircle's picture
Created by RedCircle 1 year 31 weeks ago – Made popular 1 year 30 weeks ago
Category:   Tags:
4

Global Internet Porn Habits Infographic

http://www.pornmd.com

The below interactive infographic shows the top 10 most commonly searched terms on porn sites over a 6 month period.
You can check out every state in the U.S. and then see what other countries around the world are searching for.

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earthdome's picture
Created by earthdome 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Relationship   Tags:
3

NJ MOTHER FORCED TO TURN IN HER GUNS, CHARGED W/ TERRORISTIC THREATS

http://www.theblaze.com

- Eileen Hart objected to a mandatory re-evaluation of her property value that would drastically increase her tax rates
- She read the Constitution at a tax dispute forum and called one of the appraisers a “pencil-pusher”
- One of tax officials called 911 saying Hart threatened to return with a gun, but she unequivocally denies the claim
- Hart was charged with making “terroristic threats” and told that if she didn’t turn over her weapons, her bail would be prohibitively high and it was unclear how long she would have to remain in jail

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lachancp's picture
Created by lachancp 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category:   Tags:
3

Fort Worth cop repeatedly tazes the Statue of Liberty

http://www.loweringthebar.net

According to the Dallas Morning News, on Monday afternoon a Fort Worth police officer used his Taser to subdue a 19-year-old man dressed as "Lady Liberty" when he refused to comply with an order. Liberty was allegedly standing on a median, soliciting customers for Liberty Tax Services. Attempting to gain control of [Liberty], the arresting officer shot him in the small of his back, which allegedly had no effect. He was tased a second time in the forehead and below his left ear before police could place him under arrest.

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phonon's picture
Created by phonon 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Bad Cop   Tags:
4

Newburgh man cleared in fatal shooting

http://www.midhudsonnews.com

Grand Jury refuses to indict shooter for having an unlicensed weapon

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CajunHeat's picture
Created by CajunHeat 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category:   Tags:
3

A guerilla gardener in South Central LA

http://www.ted.com

Growing your own food is like printing your own money. Ron Finley plants vegetable gardens in South Central LA -in abandoned lots, traffic medians, along the curbs. Why? For fun, for defiance, for beauty and to offer some alternative to fast food in a community where "the drive-thrus are killing more people than the drive-bys." Gangsta gardener.

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awagele's picture
Created by awagele 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Agorism   Tags:
3

US plans to allow spy agencies to monitor every citizen’s finances

http://rt.com

Washington is reportedly considering opening all US financial records to national intelligence agencies in order to prevent future crimes.

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awagele's picture
Created by awagele 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Money   Tags:
3

City says cops had no duty to protect subway hero who subdued killer

http://www.nypost.com

He says he put his life on the line to stop a killer — and claims cops sat back and watched. But city lawyers are arguing that the police had no legal duty to protect Joseph Lozito, the Long Island dad stabbed seven times trying to subdue madman Maksim Gelman — a courtroom maneuver the subway hero calls “disgraceful.” A judge is currently deciding whether Lozito, who sued the city last year for failing to prevent the attack, will get his day in court.

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phonon's picture
Created by phonon 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Bad Cop   Tags:
3

Bitcoin 'Glitch' Sparks 23% Flash Crash

http://www.zerohedge.com

The unregulated digital world of Bitcoins suffered another flash-crash last night. According to Ars Technica, the 23% plungefest in the value of the digital currency (the second in a week) was due not to Waddel & Reed, not HFT algos, but 'forking' Cryptographic algos gone wild agreeing on different (legacy) keys as being correct - akin to finding Tungsten in your Gold bars (and hence the drop in the value). This latest glitch is different from the problem that caused Bitcoin prices to briefly crash to zero in June of 2011.

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STACKS's picture
Created by STACKS 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Money   Tags:

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