Post
Topic
Board Legal
Bitcoin Foundation Receives Cease and Desist from California
by
ScriptGadget
on 23/06/2013, 22:03:34 UTC
Quote
Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought decent 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.

http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/

Scroll the embedded copy of the letter down for some entertaining incompetence. I especially enjoyed the copy/paste third-party webpage complete with Google adds for attorneys and an executive search firm "Don't have a CFO?"

It would be funnier if I wasn't paying these bumblefucks with my tax dollars.