Post
Topic
Board Bitcoin Discussion
Re: BREAKING: SEC Charges pirateat40 With Running Bitcoin-Denominated Ponzi Scheme
by
bitrick
on 24/07/2013, 04:17:08 UTC
we should all go visit him in prison and get our last laugh!

IANAL, but it looks like a civil complaint - a lawsuit seeking an injunction, disgorgement of ill-gotten gains, and penalties.

It also seeks a finding that the defendant violated securities law, but I don't know if that means this case could result in jail time.

Does anyone know if there will be a separate criminal action?