Post
Topic
Board Altcoin Discussion
Re: Vitalik and Tual going to end up in jail?
by
Zer0Sum
on 19/06/2016, 18:55:44 UTC
Nothing to do with US laws. Hahaha hahaha, God you're funny. Best joke I've heard all day. Look up US Securities treaties

Ethereum is based primarily in North America and EU...
So I would guess 25-50% of DAO investors would be US citizens.

This places events squarely in the jurisdiction of US authorities.

VB is likely in the clear...
But Stephan Tual and the Slock.it group are certainly guilty of multiple violations including fraud...
They invented and coded the DAO in order to finance their pet projects with free $$$...
And Slock.it specifically promoted the fact that investors could have their ETH refunded at par (no risk)...
While hiding the fact that an ETH refund was VERY technically difficult... and would take at least 7 weeks (high risk).

Anyway, PoW means the miners decide...
And EthPool miners are voting 99.5% in favor of a "soft fork" to freeze DAO funds.

http://ethpool.org/stats/votes

No Chinese miners that launder money for a fee here...
No patented Bitcoin-style leadership paralysis that has mired BTC for 2.5 years below the pre-Gox high.