Seems like most of the inspiring young entrepreneurs that are starting Bitcoin related businesses are mostly douche bags either involved with some criminal element or wanting to scam people. These "free-spirits on other peoples money" need to spend some time in the clink to protect society. A few years spent breaking big rocks into little rocks might give them an appreciation for what it means to have to "earn" money and not scam others!!

Charlie Shrem has been formally indicted; his buddy Mark Karpeles, can join him once found. I suspect that Danny-boy will soon have a European wide arrest warrant for him.

I am still a firm believer in Bitcoin itself, but the daily news about all these scams is NOT good. Of course scammers also exist in the traditional banking system (EG. Madoff), but it is somewhat disheartening when some of the biggest names in Bitcoin turn out themselves to be scammers. They are essentially scamming the people (the 99%) that Bitcoin was meant to help.