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RE: Texas state securities serves Bitconnect an emergency cease & desist order

in #bitconnect • 7 years ago (edited)

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Pretty sure they can put their finger on where their website / dns / domain is and since the value of the token depend 99% on their centralized "illusion of an operation" it could be a good idea to get rid of it ASAP.

Only reason they would be laughing is that they have everyones money for doing nothing!

somebody had to register that domain name. plus, its not hard for the government to seize a domain name

The Feds would have to go after them. Texas ain't gonna do shit!
I don't even know why a State would bother issuing such a ridiculous cease and desist order to an organization that is clearly global, unregulated, and beyond any local jurisdictions.
Again, if the Feds go after them the way they went after Pablo Escobar, I just hope the guys running BCC have invested some of their spoils into rocket launchers, apache helicopters, armies of well financed and trained paramilitary mercenaries, underground tunnels that go through south America, an elaborate network of hideouts, some very good analog book-keeping, and all the regular cartel-neccesities to maintain an operation going.

They probably haven't though, so I guess BCC's well being and success is a basically a coin toss