3 ms·
Their first mistake was being subject to US jurisdiction.
by mirimir 6y ago
Their first mistake was being subject to US jurisdiction.
- mirimir 6y agoNo, that's wrong. It seems like they didn't get good legal advice, and/or changed their business plan without ongoing legal advice. That is, if they knew that they'd be violating US securities and/or money laundering law, they should have avoided US jurisdiction.