Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Proposal: Legal (September)
https://www.dash.org/forum/threads/proposal-legal-sept.10457/
1) Legal opinion on the treatment of masternode block rewards under the Internal Revenue Code
a. Whether they are treated similarly to mining rewards, interest, or other tax treatment
b. Tax treatment of the initial collateral investment
2) Liability of masternode owners for the transactions they facilitate
a. Whether masternode owners may be responsible for criminal activities connected with transactions they facilitate
b. If so, under what circumstances
c. Whether participation in mixing services might give rise to criminal liability
d. If so, under what circumstances
3) Liability of exchanges that support Dash transactions and guidelines on meeting existing compliance
a. Whether an exchange might be held liable for criminal activity associated with PrivateSend transactions
https://www.dash.org/forum/threads/proposal-legal-sept.10457/
1) Legal opinion on the treatment of masternode block rewards under the Internal Revenue Code
a. Whether they are treated similarly to mining rewards, interest, or other tax treatment
b. Tax treatment of the initial collateral investment
2) Liability of masternode owners for the transactions they facilitate
a. Whether masternode owners may be responsible for criminal activities connected with transactions they facilitate
b. If so, under what circumstances
c. Whether participation in mixing services might give rise to criminal liability
d. If so, under what circumstances
3) Liability of exchanges that support Dash transactions and guidelines on meeting existing compliance
a. Whether an exchange might be held liable for criminal activity associated with PrivateSend transactions
It's a little late for this due diligence.
THE DARKCOIN FOUNDATION INC. should have gotten answers to those very important questions before spending 2 years pumping their coin and dumping their Instamine.
I suspect THE DARKCOIN FOUNDATION INC knew the answers to those questions were not good for their scheme, so they just played dumb until the issue was forced by external entities.
And now, that irresponsible paradigm of speed over correctness is coming back to bite them and bagholders in the ass.
https://twitter.com/diiorioanthony/status/771017555930705920
I don't feel bad for Jaxx. They should have never added an obvious scam like Dash, which is 100% not worth getting banned from Apple.