Post
Topic
Board Announcements (Altcoins)
Re: ★[ANN] Australia Coin AUS - ON EXCHANGES - POOLS - LAUNCHED★
by
audcoindev
on 10/04/2014, 08:04:08 UTC
Lets look.

The Anti-Money Laundering and Counter-Terrorism Financing Act requires digital currencies to be backed directly or indirectly by precious metal or bullion. AUSTRAC, the organisation that administers the AML/CTF Act, has said that “Bitcoin is not backed directly or indirectly by precious metal or bullion and therefore such digital currency is not currently covered by the AML/CTF Act.

Since digital currency are not covered by the AML/CTF act these "laws" you are referring to exist only in your head. Since we dont come under the AML/CTF laws, we do not need to reveal anything.

It like trying to apply criminal law to traffic law, you off the mark and in the wrong ballpark.

I am sure you are aware that online threats are an illegal matter in OZ though.

I will also refer to the Australian law on cyber bullying since you are acting in a threatening manner.



Cyber bullying can be a crime under either South Australian or national law when it involves:

Using the internet or a phone in a threatening, harassing or offensive way
Threats
  Stalking (including messaging someone to harm or scare them)
Accessing internet accounts without permission
Defamation (spreading lies to intentionally hurt someone’s reputation)
 Encouraging suicide


So your threatening and bullying behavior is exactly what this law is about.