Post
Topic
Board Securities
Topic OP
Class action against FSA?
by
danster82
on 10/10/2012, 15:05:56 UTC
GLBSE is asking for data for verification for money laundering therefore we can assume the incompetent people at the GLBSE have had action taken against them by the FSA.

Should we sue the FSA? They are directly responsible for our loss's, they have no lawful authority, Bitcoins are not defined as money by the government, the GLBSE does not deal with Bank Of England Notes. Even if it was lawful for the FSA to take action they have not followed their own proper procedure as they have not secured our funds and securities before taking action. Any claim the FSA makes is exactly that a claim and remains so until verified in court.

Heres a similar example in the real "fiat" investment world.

http://www.ifaonline.co.uk/ifaonline/news/1650335/queen-speech-govt-hints-softening-cgt