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NEW YORK Trendon Shavers, founder of Bitcoin Savings and Trust, has been charged with fraud and accused of masterminding a $4.5 million Ponzi scheme, according to federal prosecutors in Manhattan who said it was the first U.S. securities-fraud prosecution tied to the electronic currency.

Shavers, 32, who operated the firm that made virtual currency-based investments through the Internet, raised at least 764,000 bitcoins through his business, Manhattan U.S. Attorney Preet Bharara said in a statement.

At the peak of the scheme, Shavers raised and had in his possession about 7 percent of all the bitcoins in public circulation, Bharara said.

From September 2011 through September 2012, Shavers, using the name pirateat40, solicited investments in Bitcoin Savings on Bitcoin Forum, an Internet site where investment opportunities are posted, the U.S. alleged.

Shavers allegedly offered investors who lent bitcoins to Bitcoin Savings as much as 7 percent interest weekly an annualized interest rate of 3,641 percent and investors were told they could withdraw their investments at any time, according to the statement.

Shavers also claimed the investment by Bitcoin Trust would be used to support a market-arbitrage strategy that included lending bitcoins, trading bitcoins using online exchanges and selling bitcoins locally via private off-markets transactions, according to the U.S.

Shavers in truth largely failed to execute the claimed market arbitrage strategy and failed to deliver the agreed upon rates of interest, according to prosecutors.

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Bitcoin head charged in US securities case

The price of bitcoin continues to languish below $350 as cryptocurrency markets stagnate.(IBTimes UK)

The price of bitcoin has been relatively stable over the last 24 hours, but remains at its lowest level for three weeks.

There was little movement across other cryptocurrency markets, with the only significant movement coming from darkcoin. The privacy-centric altcoin saw a 6% rise in value to take its market capitalisation to $8.5m (5.32m).

One of the biggest movers across all markets was carboncoin, the “energy efficient cryptocurrency devoted to lowering the concentration of carbon dioxide in the atmosphere”. It saw a 70% price rise since yesterday.

MintPal prepare legal action against Alex Green

The saga surrounding former Moolah chief executive Alex Green, who previously went by the name Ryan Kennedy, could soon be entering a court of law, as bitcoin exchange MintPal look to raise funds to mount a legal case against him.

In a statement released on Pastebin, MintPal detailed the criminal activity that it claims Green has carried out, including the theft of around 4,000 bitcoins in user funds.

“The law firm we have been working with is Selachii LLP, and I am looking into the possibility of raising $25K to cover the remaining costs in our legal battle against Ryan,” the statement said.

“A bitcoin wallet has been set up for this and will remain in the custody of one of the most trusted members of crypto community, CryptoCobain (aka Jordan Fish), who has offered escrow and lent his support in our efforts of bringing Mintpal back.

“If we are successful, the legal fees will be awarded against Ryan Kennedy and the bitcoins donated to cover the legal fees will be returned to the donors.”

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Cryptocurrency Round-Up: MintPal CrowdFunds Legal Case Against Alex Green Over Missing Bitcoins

NASA is adding a cosmic twist to Halloween with an unexpected find by the Hubble Space Telescope: eerie “ghost light” from the remains of a multi-galaxy massacre.

As many as six galaxies roughly the size of our own Milky Way met their grisly deaths at the hands of gravity. The celestial bloodbath occurred over a period of 6 billion years in a group of galaxies 4 billion light-years away. NASA unveiled Hubble’s false-color view of the “ghost light” Thursday (Oct. 30), just in time for Halloween.

Stars from those galaxies, now ripped from their cosmic homes, were seen emitting a “faint, ghostly glow” by the Hubble Space Telescope. In an ominous coincidence, the region in question officially known as Abell 2744 is nicknamed “Pandora’s Cluster.” [The Spookiest Space Photos of All Time]

“The Hubble data revealing the ghost light are important steps forward in understanding the evolution of galaxy clusters,” Ignacio Trujillo of The Instituto de Astrofsica de Canarias (IAC), Santa Cruz de Tenerife, Spain, said in the NASA statement. “It is also amazingly beautiful in that we found the telltale glow by utilizing Hubble’s unique capabilities.”

The stars were found wandering region of space where their parent galaxies were once “pulled apart like taffy,” NASA officials wrote in the statement. The researchers who discovered the eerie light are confident that studying these stars can provide information about what happened in side the cluster.

The researchers who discovered the ghostly glow don’t appear to be frightened by their discovery.

“The results are in good agreement with what has been predicted to happen inside massive galaxy clusters,” said Mireia Montes, the study’s lead author who is also with the IAC, in the statement.

Hubble Quiz: Do You Know the Famous Space Telescope?

Hubble has revolutionized astronomers’ understanding of the universe since its April 1990 launch. Test your knowledge of the telescope in this quiz.

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'Ghost Light' of Long-Dead Stars Haunt NASA's Hubble Telescope

Mike Huckabee Opening Statement – “Houston We Have A Problem” – Attack On First Amendment
Mike Huckabee Opening Statement – “Houston We Have A Problem” – Attack On First Amendment – Freedom Of Religion! =========================================== **Please Click Below to …

By: NSTP – Wake The Hell Up America!

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Mike Huckabee Opening Statement – "Houston We Have A Problem" – Attack On First Amendment – Video

BRUSSELS (Reuters) – NATO Secretary General Anders Fogh Rasmussen welcomed David Cameron's statement on Friday that Britain will remain a united country following Scotland's referendum rejecting independence. "The United Kingdom is a founding member of NATO and I am confident that the United Kingdom will continue to play a leading role to keep our Alliance strong," Rasmussen said in a statement …

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NATO glad Britain to remain united after Scots vote

Anonymous Message to The United States Regarding NSA Statement

By: Naida Blando

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Anonymous Message to The United States Regarding NSA Statement – Video

NATO Secretary General Statement on the Benghazi Attack
NATO Spokesperson Oana Lungescu reads a statement from NATO Secretary General Anders Fogh Rasmussen about the Benghazi attack. Also available in high definition. I strongly condemn the attack…

By: U.S Military Video Archive

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NATO Secretary General Statement on the Benghazi Attack – Video

Anonymous Statement Illuminati GERMAN
Ich wei Anonymous steht zu Zeit im Konflikt mit den Neurechten – haha- hm eher wird behauptet , dass Anonymous in Wahrheit rechts wre, aaaaaaber das ist mir auch egal. Ich verffentliche…

By: Volkszorniges Knigsreich Wolfslyrik – Antiterror, Heimatschutz

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Anonymous Statement Illuminati GERMAN – Video

Both the Government and the public respect and treasure Hong Kong’s free speech and freedom of the press.

The Government made the statement today in response to the public procession held by some media groups.

It noted the Chief Executive publicly stated that both the Government and he himself has attached great importance to these freedoms and will continue to do so.

The Government will strive to safeguard these core values as they are the major elements to sustaining Hong Kong’s status as an international metropolis, and its continuous development.

On community concern expressed over staff changes in media organisations in recent years, the Government said it cannot interfere with the editorial freedom, independent operation and internal management of these organisations.

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Free speech and press treasured

Jan 282014

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Inbound digital marketing agency providing SEO focused content writing solutions development tools. Mission Statement: To increase revenue for companies wo…

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PaperClip SEO Video Demo – Video

In defamation cases, the First Amendment applies equally to bloggers, dead-tree journalists and anyone else who is speaking to the public, a federal appeals court ruled Friday.

The Ninth U.S. Circuit Court of Appeals ordered a new trial for Montana blogger Crystal Cox, whom a jury found liable for defaming an investment firm and one of its lead partners. Ms. Cox, in her appeal, didnt dispute the jurys finding that fraud and other allegations she made in a 2008 blog post were false and defamatory.

She argued, rather, that the jury could find her liable for defamation only if it also found she acted negligently. And the jury couldnt award damages unless itfound that Ms. Cox knew the post was false or acted with reckless disregard of its truth. The trial judge gave neither instruction to the jury.

Obsidian Finance GroupLLC and partner Kevin Padrick, who won a $2.5 million judgment against Ms. Cox, argued that only institutional media defendants deserved such First Amendment protection.

Judge Andrew Hurwitz, writing for the unanimous panel of the Ninth Circuit, said Ms. Coxs status as a blogger was irrelevant.

The protections of theFirst Amendment do not turn on whether the defendant wasa trained journalist, formally affiliated with traditional newsentities, engaged in conflict-of-interest disclosure, went beyond just assembling others writings, or tried to get both sides of a story. As the Supreme Court has accurately warned, a First Amendment distinction between the institutional press and other speakers is unworkableIn defamation cases, the public-figure status of a plaintiff and the public importance of the statement at issuenot the identity of the speakerprovide the First Amendment touchstones.

Eugene Volokh, Ms. Coxs lawyer, said the decision was rightas a matter of First Amendment principle but also as a matter of history and precedent.

A lawyer for Obsidian and Mr. Padrick, Steven Wilker, emailed us this statement:

While we are obviously disappointed in the ruling, we do note that the court concluded that there was no dispute that the statements were false and defamatory. We also note that the Court describes Ms. Cox as apparently having a history of making similar allegations and seeking payoffs in exchange for retraction. Ms. Coxs false and defamatory statements have caused substantial damage to our clients, and we are evaluating our options with respect to the courts decision.

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First Amendment Doesn’t Distinguish Between Bloggers and Press, Court Says

By Ashley Mackin

The La Jolla Parks and Beaches community advisory committee held a special meeting Dec. 23 to discuss plans for the Childrens Pool Walk beautification project and get updates on related money matters.

With just over $250,000 in the bank thanks largely to a $200,000 donation from La Jolla resident Tom Morgan the board needed to approve spending some of that money on the services of design architect Jim Neri.

Artists rendering of the Childrens Pool Walk project Courtesy

Through a statement read by LJP&B member Phyllis Minick, Neri requested the board approve $51,311 in additional fees for the design development, engineering, construction documents, plan processing, permit fees, BID administration and construction services, as submitted in the Dec. 12, 2013 proposal by Neri Landscape Architecture (NLA).

The LJP&B board, to cover any additional and unforeseen fees, voted to approve an amount not to exceed $55,000 to be paid to NLA. Neri said he would offer a fee reduction because he believes this project should come to fruition.

Since this is a community-funded project in my own community, NLA is discounting our fees 20 percent and is not charging the customary 10 percent markup of our consultant fees, saving $6,500 in fees for the construction of this much-needed project, his statement read.

While one set of fees was reduced, another increased. Minick reported that city permit costs have increased by 20 percent since the projects inception three years ago, which translates into $53,000.

However, Minick said she received a letter from the city indicating that $70,000 would be available in mid-2014, and another $30,000 might also become available. Should we laugh or cry? she joked, reflecting on the three years spent and dozens of grant proposals submitted for this project. We thank (District 1 City Councilmember) Sherri Lightner for getting this done.

Minick said, on the advice of some board members, that she will request $70,000 be used to cover city-permit costs.

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Parks & Beaches OKs first Children’s Pool project expenditures

The Deseret News reported the following on Thursday, June 17, 2010:The Church of Jesus Christ of Latter-day Saints released this statement Wednesday:In the mid-19th century, when rhetorical, emotional oratory was common, some church members … (More)

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Mormon Transhumanist Association – Official Site

NEW YORK, June 27 (UPI) — For the third consecutive year, U.S. beaches experienced more than 20,000 closing and advisory days due to polluted water, an environmental group says.

The 23rd annual beach water quality report released by the Natural Resources Defense Council found 80 percent of the closings and advisories were issued because testing revealed bacteria levels in the water violated public health standards, confirming serious water pollution persists at many U.S. shores.

The primary known cause of this pollution is massive storm water runoff and sewage, the report said.

“Sewage and contaminated runoff in the water can spoil a family vacation real fast, turning a day of lounging at the beach into a day at the doctor’s office with a sick child,” Jon Devine, NRDC’s senior attorney, said in the statement. “It’s no surprise that pollution in the waves is bad for business in beach communities. Our government leaders can help support local economies and salvage countless summer getaways nationwide by tackling one of the principal sources of these problems — storm water runoff.”

The researchers analyzed the latest beach water testing data results from the U.S. Environmental Protection Agency and state beach coordinators at more than 3,000 beach testing locations nationwide.

Thirteen beaches had exceptionally low violation rates and strong testing and safety practices last year. There were:

— Alabama: Gulf Shores Public Beach in Baldwin County.

— Alabama: Gulf State Park Pavilion in Baldwin County.

— California: Bolsa Chica Beach in Orange County.

— California: Newport Beach in Orange County.

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Untreated sewage closed U.S. beaches for 20,000 days

Liberty Mutual Holding Co., the third-largest seller of property-casualty coverage in the U.S., hired Colin Dowling to lead its public affairs office in Washington as policy makers weigh capital standards and laws on terrorism protection.

Dowling joins from Citigroup Inc. (C) where he was a managing director, running state and local government-affairs programs, according to a Business Wire statement today from Boston-based Liberty Mutual.

U.S. and international lawmakers are scrutinizing the balance sheets of the largest financial companies as they seek to avoid a repeat of the 2008 rescues required to prop up banks and insurers such as American International Group Inc. Policyholder-owned Liberty Mutual, which didnt take a bailout from the U.S. Treasury Department, said its government-relations group is also evaluating possible changes in laws about taxes, trade and terrorism.

At a time of increasing convergence of state, federal and international policy initiatives, Colins broad experience at both the state and federal levels and across the insurance and banking sectors, makes him an ideal person to run the Washington office, Paul Mattera, the insurers chief public affairs officer, said in the statement.

Mark Costiglio, a spokesman for New York-based Citigroup, declined to comment.

To contact the reporter on this story: Megan Hickey in New York at

To contact the editor responsible for this story: Dan Kraut at

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Liberty Mutual Hires Citigroup’s Dowling in Washington

Dirty Beaches Live @ Hana-Bi – Part 1 – Marina di Ravenna – 28-05-2013
PLEASE READ** **Copyright Statement** This video is not intended to infringe any copyright laws in any way. This is for the sole purpose of entertainment; …

By: wally66101

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Dirty Beaches Live @ Hana-Bi – Part 1 – Marina di Ravenna – 28-05-2013 – Video

* Schaaf associated with Werder for 40 years * Led club to 2004 German double (Updates with quotes, details) BERLIN, May 15 (Reuters) – Werder Bremen parted ways with coach Thomas Schaaf after 14 years in charge on Wednesday, bringing an end to a relationship spanning four decades. Schaff, who was the longest-serving active coach in the league, would not be in charge for the last game of the season against Nuremberg on Saturday, the club said in a statement. …

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Freedom: BlackBerry's BBM Is Coming to the iPhone

Apr 182013

Boston False Flag Attack President Statement! ILLUMINATI CELEBRATING PT.2

By: Realmz888

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Boston False Flag Attack

Federal Revenue Mister Gail Shea is praising a massive leak of offshore banking information as good news for Canadians and bad news for tax evaders.

The minister issued a statement in response to media reports from outlets around the world working through the International Consortium of Investigative Journalists. The consortium says it obtained 2.5 million digital files related to more than 120,000 offshore companies and trusts and nearly 130,000 individuals. The CBC, which worked with the consortium, reported Thursday that the files contain information on 450 Canadians. So far only one name has been made public: class-action lawyer Tony Merchant, who is married to Liberal Senator Pana Merchant.

Video: Jim Flaherty’s top three budget highlights

It is not a crime to have an offshore bank account provided all related income is reported to tax authorities. So far, the Merchants have not commented on the CBC report.

The statement by Ms. Shea calls on anyone with information on tax cheats to come forward with that information, including the consortium of journalists.

We call on The International Consortium of Investigative Journalists to hand over this list to allow our government to crack down on tax evaders, said the minister in the statement.

The 2013 federal budget promised measures to crack down on tax cheats with new investigative powers and a new snitch line but the reality is the Canada Revenue Agency is facing deep budget cuts.

Finance Minister Jim Flahertys March budget contained about $60-million a year in budget cuts to the CRA. Those are in addition to $253.1-million in annual budget cuts announced in the 2012 budget.

Of the 19,234 positions Ottawa is planning to eliminate government wide, the CRA is projected to account for 3,008 of those jobs, making it the hardest hit department in terms of lost jobs.

Liberal Senator Percy Downe, who has been researching tax haven issues for several years, notes that Canadian authorities did not act as aggressively as other nations in response to previous big leaks of account information from Lichtenstein and Switzerland.

Federal revenue minister calls offshore banking leak ‘good news’

Liberty Global Inc. (LBTYA) bought a 12.65 percent stake in Dutch cable-television operator Ziggo NV (ZIGGO), the company controlled by billionaire John Malone said today.

Liberty Global paid about 632.5 million euros ($808.7 million) to buy 25.3 million shares of Ziggo from Barclays Capital Securities Ltd., the company said in a statement. Ziggo shares jumped as much as 10 percent in Amsterdam.

Barclays Plc (BARC) was left with a 697 million-euro stake in Utrecht-based Ziggo last week after it failed to find enough buyers for a 20 percent share sale it managed for owners Warburg Pincus LLC and Cinven Ltd.

The investment expands Englewood, Colorado-based Liberty Globals presence in the Netherlands, where its UPC Netherlands subsidiary operates, according to the statement, and is also financially attractive given the stocks approximate 7.4 percent dividend yield.

To contact the reporter on this story: Kristen Schweizer in London at

To contact the editor responsible for this story: Kenneth Wong at

The Ziggo NV logo sits outside the company’s headquarters in Utrecht, Netherlands.

The Ziggo NV logo sits outside the company’s headquarters in Utrecht, Netherlands. Photographer: Jock Fistick/Bloomberg

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Liberty Global Buys 12.7% Stake in Dutch Cable-TV Operator Ziggo

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