Pascal Reid Digital Money Times

Legal Defense Fund Website for Pascal Reid involved in the Bitcoin Florida Money Laundering and Money Transmitter Case

Legal Defense Fund Website for Pascal Reid involved in the Bitcoin Florida Money Laundering and Money Transmitter Case submitted by pascalreid to Bitcoin [link] [comments]

Here Comes the Government Again

First of all, I'd like to point out that I'm not the average Reddit user, and that I rarely post (pls dont bash ;c;).
But something on the news today got me jumping, and I think it could be of concern for the future of Bitcoin trading, thus me posting here in the first place.
THE THING
If you ever did business on http://localbitcoins.com, or ever had bitcoins in hand at all, then this is of matter for you to read further.
Last February, A canadian called Pascal Reid, was arrested and is currently being used as the puppet of the state to make your "future" life a whole lot harder.
The State of Florida is charging Pascal Reid with 2 counts of money laundering and 1 count of operating a money service business without a license (really?).
Pascal pleaded not guilty on all 3 counts. Pascal was setup and arrested based on a fictitious story about the source of the money involved in the transaction.
The arrest affidavit also mention Pascal requesting illegal identification when no such request was made and Pascal declining the purchase of stolen credit cards offered at several occasions by the Secret Service agent.
Long story short, the guy was the average bitcoin trader, and when an undercover agent went ahead, saying he wanted to buy stolen credit cards, Pascal refused, then they SWATed him anyways, creating false evidence.
The government is simply trying to pave the road to make future cases a lot easier to solve for the police department, meaning that if the false accusations of this case are put forward and the guy gets imprisoned (for a minimum of 25 years, by the way), then whatever case includes Bitcoins, is going to be referred to that case in particular.
The guy is totally innocent as far as the reports go, never did anything wrong that could have harmed anyone directly, and simply wanted to make Bitcoins more of a reality, like all of you guys.
So, the thing is, we may be required to own a license to sell bitcoins at some point if we allow that, because the long term goal of the US government is to put laws and regulations on the currency, and eventually control it.
Pascal geared himself with a super legal team, but however, it costs around 25,000$ per month (Ouch!).
His mom put up a small website in order to raise funds: http://supportpascal.org/
Here's the full report: http://www.theglobeandmail.com/news/national/how-a-canadian-was-charged-with-money-laundering-in-sale-of-bitcoins/article16831445/
WHY SHOULD YOU CARE? (AKA the website puts it better than me :v)
The State of Florida is using Pascal as an example and to set precedents and to establish new regulations in regards to the new digital currency.
They have setup a fictitious story and contacted Pascal directly from the website localbitcoins.com in order to trade bitcoins.
With these charges, even a first offender who has never been arrested before, could faces a maximum prison sentence of 15 years on one of the money laundering charge, an additional 5 years for the second money laundering charge and 5 years on the unlicensed money transmitter charge for a total of 25 years if the judge was to give a consecutive maximum sentence.
For this reason, Pascal needs the best legal defense available.
The website accepts donations via Bitcoins and PayPal alike. I already donated 10$, but talking about it is much more powerful IMO than giving money.
So, on that note, thanks for reading my post, and I hope that this will induce some thinking on the future of the awesome, cat-fueled currency that is Bitcoin.
EDIT #1: Wow ༼ ༎ຶ ෴ ༎ຶ༽. Over 500$ raised in one day. I-I just can't... * cries of joy *
EDIT #2: Here is the full news report about the event on TV: http://youtu.be/ejcngA7xC9Q
Lot's o' Love
An occasional Redditor!~
submitted by Bungeetaco to Bitcoin [link] [comments]

I double all donations to the 'CECG Book Club' - help Shrem, Ulbricht and others!

My friends from the CECG - Crypto Economics Consulting Group in Berlin are doing a nice project:
The CECG Book Club
Our "book club" is a long-term initiative that supplies printed literature to political prisoners incarcerated for cryptocurrency-related thoughtcrimes.
People currently in captivity due to bitcoin-related matters include:
Some examples of the books that we've sent prisoners recently:
I like that project.
So I will double all Bitcoin donations made in the next 24h to the CECG Book Club (capped to one Bitcoin).
You will find their donation adress and more info on cecg.biz/projects. Don't take my word that it is 1GfB4YCqUivZxHxw7dU6woWhRfX4g1WiMq!
I will do all 'doubles' from my 1Ente vanity adress. I'll have a look every now and then and double up immediately.
(I am not profiting from this in any way, and to my knowledge all donations are used as they describe it.)
Let the donations flow!
submitted by ente_ to Bitcoin [link] [comments]

List of criminal attorneys specializing in bitcoin

I'm looking for any primarily criminal attorneys out there who have practice with bitcoin or knowledge of bitcoin and the relevant cases such as
I want to establish this list as a resource for bitcoin traders and entrepreneurs in the space. Please list yourself or any competent attorneys you know.
Thanks
SE
submitted by scottemick to Bitcoin [link] [comments]

Bitcoin Defenders: Defending Michell Abner Espinoza

Hello friends, I would ask your support to Espinoza Michell and Pascal Reid or other persons being users of Bitcoin and have over a certain amount are being chased by the police. In this case we have created a page which specifically targets Michell Espinoza, but which represent all Bitcoin users being processed in prisons. Remember that these people are today , but tomorrow it could be any one of you for being users of Bitcoin and put all your money in the crypto currency. Please help us publicize our support page : https://www.facebook.com/bitcoindefenders?ref=hl Remember they are today , but tomorrow it could be any one of you or your family. If you read the police reports may be realized that many things do not match . I defend them because I am a witness to the corruption of the Miami Beach Police . I firmly believe in the innocence of these people. These cops are capable of lying and creating false cases and charges . Support is just a like or share, thanks.
https://www.facebook.com/bitcoindefenders?ref=hl
submitted by Aris1711 to Bitcoin [link] [comments]

Reid Tymcio on how money works, Bitcoin and when owning ... Ignorieren auf eigene Gefahr  Pascal Hügli über Bitcoin ... What backs Bitcoin? Professor Reid Tymcio describes what ... Relai Bitcoin Session #1 mit Pascal Hügli Pascal Reid - YouTube

The campaign site for Pascal Reid warns that the outcome of the case will set a future precedent, and therefore urges support for the benefit of Bitcoin. Reid and Michel Abner Espinoza were arrested in Florida on charges of money laundering and operating an unlicensed money services business, not long after the arrests of Charlie Shrem … Pascal Reid, 30, pleaded guilty in Miami state court to the less serious charge of operating an unlicensed money-transmitting business as part of the plea agreement. Prosecutors dropped a second ... Police Arrested Pascal Reid for Bitcoin. Now He’ll Teach Them about It. In a bizarre plea deal reached between Pascal Reid and prosecutors, the accused will be educating law enforcement agencies about. Leon Pick News (CryptoCurrency ) Thursday, 17/09/2015 18:59 GMT+2 2015-09-17T16:59:49+00:00 2015-09-17T16:59:49+00:00. Photo: Bloomberg, Not the typical Police vehicle in Romania . Share ... Lawyers for Pascal Reid and Michell Abner Espinoza noted that the law covers only currency issued by the monetary authority of the US or another country, according to a Bloomberg report. Bitcoin ... Bitcoin is in a position right now, where it can get you into a lot of trouble; but apparently out of trouble too! We are not talking about the financial aspect of Bitcoin, but more about how virtual currency knowledge can be wielded to reduce jail time. This scenario played out quite well for Pascal Reid, a person recently convicted for money laundering while selling Bitcoin. The Trials and ...

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Reid Tymcio on how money works, Bitcoin and when owning ...

In der "Relai Bitcoin Session" teilen spannende Persönlichkeiten und Experten aus der Bitcoin Welt Wissen, Erfahrungen und Meinungen. Dieses Mal war Pascal Hügli zu Gast. Als ... Mises Karma – Der freiheitliche Podcast – erscheint ab Episode 51 auf Youtube auf dem Kanal von eigentümlich frei. Journalist, Finanzexperte und Buchautor Pa... Reid Tymcio talks with Vance Crowe about answers the common question of what backs bitcoin to create its value. What happens if a currency is not backed by g... Earn Recap Coinbase 07.30.20 & Bitcoin Tech & Ethereum Tech Соіnbаsе Nеws 41,649 watching Live now Steve Jobs introduces iPhone in 2007 - Duration: 10:20. Pascal Reid; Videos; Playlists; Channels; Discussion; About; Home Trending History Get YouTube Premium Get YouTube TV Best of YouTube Music Sports Gaming Movies ...

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