Post
Topic
Board Securities
Re: [Havelock] The Panama Fund, S.A. Acquires HavelockInvestments.com
by
drawingthesun
on 02/11/2013, 03:57:00 UTC
As far as i know, either the SEC asked them to fold up their circus tents like they claimed they did, or the exchanges are lying through their teeth.  I tend to give people the benefit of the doubt.

None of the exchanges specifically said anything about SEC contacting them so we cant just assume they were given an ultimatum. It is more likely in my eyes they finally came to see the legal risks they were undertaking and didn't want to spend the time/resources to make their operations legal/safe from SEC. (its easier to just ignore them and keep collecting them bitcoins from the non-americans)

The SEC is our friend here, they JUST passed crowdfunding laws and still I doubt we are on their radar.

We need to stop acting like this is a big deal and just carry on with business
We're probably not yet on their radar, but I don't see the SEC as being our friends here. Unless they come up with some new, more relaxed regulations then they are going to suffocate the Bitcoin securities market because of a high cost of compliance.

Yes, we are on there radar, as they have talked to Ukto about us last month.  I sent Ukto our Belize documents so he could send them to the SEC.

At least we can confirm the SEC has had some contact with Bitfunder, even if it was just about ActiveMining.