I almost had to click through to the article!

https://www.bbc.com/news/business-63940181#:~:text=South%20K....

An interesting fact about Serbia is that all visiting foreigners are required to register at their neighborhood police station & provide the cops with an address, passport details, and contact details. Usually the hotels will do this for you automatically. Basically, though, what this means for Do Kwon is that he already has a searchable file.

Hey... Wait... do these new SEC charges mean that there is now a bounty? Maybe I ought to make some calls.

Wouldn’t one use an alias?

Some nice places down there! Didn't realize Belgrade was so chic.

One had weird men show up to her neighbourhood in Donetsk for years, that didn’t speak Russian like anyone else from Donetsk, and start violence with locals and then the police. This is the “violence against ethnic Russians” Putin made up.

Yeah, because a criminal mastermind is going to be bothered with a detail like that. Most tourist don't do this bureaucratic step.

Not helpful if you’re the one Korean!

They have nothing in common with Do Kwon, and it's unlikely that he'd be able to hide among them.

He could easily slip into Romania, then Moldova where a transnistrian passport can be had from corrupt officials for bottom dollar. It wouldn't be worth much but he'd just be one of a long list of hidden criminals there. American hacker Weev did something similar.

Bail bonds bounties are a different thing, but I don’t think federal courts use them

It's not a universal practice, though. But I'd bet that somebody like Do Kwon, like most people, stayed at a hotel for at least a few nights after landing in Belgrade.

There's a block chain for that!

For those who don't know, a hashgraph is a distributed ledger technology that is known for its speed and security. When combined with a blockchain, it creates an incredibly powerful platform that can handle virtually any transaction. BarnCoin is the first cryptocurrency to take advantage of this technology, and the results are incredible.

Because the blockchain is co-resident with the hashgraph, BarnCoin can process transactions faster and more efficiently than any other cryptocurrency on the market. It's also incredibly secure, which means you don't have to worry about your transactions being hacked or tampered with.

But it's not just speed and security that makes BarnCoin stand out. The possibilities for what can be done with this cryptocurrency are endless. From simple transactions like buying and selling goods and services, to more complex applications like voting systems and smart contracts, BarnCoin can handle it all.

So, if you're looking for a cryptocurrency that can do anything, look no further than BarnCoin. With its unique combination of blockchain and hashgraph technology, it's the future of digital transactions.

The SEC is a civil agency. It can't arrest anybody.

He has even been served a subpoena by the SEC while in the US before. He was forced to sit down and respond to questions. He sued them about it because the SEC is supposedly not meant to serve you in public, but I suspect he was a pretty tricky guy to serve at all. Early enforcement would have been good, and it maybe would have required a bit of force given what we know about his flight risk.

https://news.bitcoin.com/sec-files-action-against-terraform-...

“Apply” as in win a trial. That’s not quick. And it requires a track record of Kwon flouting the agency.

[1]: https://www.bbc.com/news/business-63940181

Scams will always exist and scammers will always find new ways to scam people, no matter how many warnings there are. Advance fee scammers find are now doing crypto giveaways in which a victim sends 'x' crypto in the promise of '2x 'more. Crypto is the latest iteration of penny stock pump and dump scams.

a lot of people don't realize how the same skew is present in sectors they respect as well. crypto sector's transparency just shows you every single unincorporated idea monetized for an unknown person's benefit, right alongside massive mismanaged corporations.

the same thing is going on forever everywhere.

its more analogous to being able to see every single phishing attack all at once and considering the organization behind it as the same level of importance as Google, suggesting they equally represent the tech sector.

or looking at every active and defunct LLC registered in every single jurisdiction on the planet and using that as a reason to say it is representative of the economy. just very unrelated things.

stocks have fundamental value that is tied to a public company's performance. There is no fundamental or intrinsic value in crypto.

There is no value to wasting electricity just to solve meaningless mining puzzles all to build a distributed ponzi scheme.

Is it even remotely possible that the same thing might be happening with crypto, and that Bitcoin/Ethereum/etc value is directly tied to the fundamental/intrinsic value of being able to use the relative decentralized network, therefore reflecting their performance? If no one was using Ethereum because it's worthless it would be valued at zero... but it's not at zero despite being worthless because it's being used... so maybe it's not worthless after all, and has fundamental/intrinsic value? Mindblowing, I know...

either way, they both have value; it's just about the market.

No, but if they did, it was illegal and unenforceable and didn't go anywhere.

> commonly parallel cases not reported by the same outlet, you’d have to check the DOJ‘s website

The SEC can make criminal referrals to the DoJ.

InCrypto s/b In Crypto

But this isn't enough. need the SEC and the DoJ to go after and completely shutdown all crypto exchanges and charge the founders involved or abetting a gigantic quasi-ponzi scheme out of selling these fictitious tokens.

I think the govt needs to issue a wanted list for crypto, listing the founders and VCs who invested trying to make a giant profit out of it.

Could you clarify? Are you implying all crypto is illegal? I don't deal with crypto myself, but I don't recall hearing any issues with companies such as coinbase, etc.

> An example of the first type is that although Maytag owns the trademark "Whisper Quiet" for its dishwashers, makers of other products may describe their goods as being "whisper quiet" so long as these products do not fall under the same category of goods the trademark is protected under.

https://en.wikipedia.org/wiki/Trademark#Limits_and_defenses_...

https://chaindebrief.com/wp-content/uploads/2023/02/sec.png

For context: Kraken has been around since 2011 and therefore weathered many a cryptocurrency winter and is a beacon of trust in the storm of fraud and rug-pulls and other outright illegal and immoral behaviour seemingly inherent to the cryptocurrency industry.