Quote from: jimmothy on November 02, 2013, 03:28:10 AM

Quote from: crumbs on November 02, 2013, 02:36:30 AM

If US indeed doesn't care about exchanges operating in different countries, i believe y'all have been taken for a ride by a couple of foregnese exchanges (BTCT was registered in Belize, as i remember -- a compatriot of Active Mining, who also hail from there). Why would the two biggest exchanges just pull up stakes & abandon their trusty milkers?

I agree that being small, insignificantly small, makes an exchange irrelevant & not worth an international stamp it would take to squash it. My point is spazzing around the interwebz & yelling "we're licensed and legit" is not the smartest way to stay off the radar.

You are still failing to realize that there is a huge difference between an unregistered exchange in a country that requires registered exchanges and registered securities; and a registered exchange in a country that does not require registered securities.

According to SEC's own website, they do not include panama as one of the countries that enforces SEC jurisdiction.

Source: https://www.sec.gov/about/offices/oia/oia_cooparrangements.shtml

Quote

A banana republic kept alive by the good will of its protectors is not likely to let a Christmas card from Uncle Sam go unanswered. It's both poor manners & harmful to its health.

You are living in a fantasy if you think a superpower like the US can dictate any countries laws it wants simply because it is "the protector" as you put it.

1. See reply from thecoinjournal re: jurisdiction.

2. Selling unregistered securities to US persons runs afoul of US law, regardless of whether that law is enforced. Claims to the contrary are simply false. There's nothing here to debate.

3. If you feel that facts & empirical data are fantasy, and repeating "this time, it's gonna be different!" thrice will bring you back to Kansas, keep on investin'.

So continue to ignore every warning. Continue shrieking "ZOMG WAI, WAI?!1!" each time another ~~exchange~~ website packs up & splits with ur monyz. You deserve the lulzy fallout.

Edit (If it's not already obvious to everyone):
It is much harder to obtain a fishing licence in US or Canada than it is to incorporate & become a licensed exchange/medical doctor/ghostbuster/prince in Panama.