Post
Topic
Board Bitcoin Discussion
Re: BREAKING: SEC Charges pirateat40 With Running Bitcoin-Denominated Ponzi Scheme
by
DeathAndTaxes
on 15/08/2013, 23:03:48 UTC
So is he in custody yet? Does he even have a warrant?

It is a civil lawsuit not a criminal proceedings.  There was a warrant to seize his accounts but even if he loses this lawsuit all that can happen is financial penalties.  It is possible the DOJ will prosecute him criminally but that would be a separate action and no criminal charges (much less warrants, arrests, pre-trial confinement, etc) have happened yet (and may never happen).