Allow Facebook friends to see your upcoming events?Yes (Recommended) No, keep my events secret SaveOn a hot Florida morning a week ago, a young Quebecker named Pascal Reid showed up at a boutique hotel in Miami’s Art Deco district, carrying a laptop and an electronic wallet that held $316,000 in digital currency.Mr.Reid was expecting to meet a man who had purchased bitcoins from him before.The buyer was, in fact, an undercover agent for the U.S.Secret Service, which arrested Mr.Reid and charged him with money laundering.The case has shone a spotlight on the way that virtual currencies such as bitcoin have been used for illicit purposes., as a black-market venue.“Criminals have to buy their bitcoin using some anonymous method.Thus it is natural to expect law enforcement to continue to focus on anonymous transactions used to buy and sell significant quantities of bitcoin.”In Canada, concerns about the illicit use of bitcoins are reflected in Tuesday’s federal budget, which stated that the government wants to bring in legislative amendments to regulate the “emerging risks” associated with online currencies such as bitcoin and prevent their use for terrorism or money laundering.According to his arrest form, Mr.

Reid was told by the undercover agent that the money used to buy his bitcoins came from credit-card data stolen in the highly publicized hacking of the Target retail chain.bitcoin 25 gh/sReid also asked the agent about buying forged identification papers, the police document alleged.“The use of bitcoins in the transactions is a new technological flourish to this very old crime.bitcoin yapToday’s arrests may be the first state prosecutions involving the use of bitcoins in money-laundering operations,” the office of Miami-Dade State Attorney Katherine Fernandez Rundle said in a statement after the arrest.Mr.bitcoin pool nzReid is a 29-year-old Montrealer who moved to Florida about 15 years ago, according to his mother.The allegations against Mr.litecoin price rise

Reid have not been tested in court. website, looking for sellers of bitcoins.gia dong bitcoinHe saw that someone calling himself Proy33 could be contacted “anytime” to meet in public places and trade bitcoins for cash.According to the arrest form, the agent texted Proy33, saying, “I want to start with about 600.”They met at a Starbucks, where Proy33 sold the bitcoins to Mr.bitcoin bubble april 2013Kramer, with a 20 per cent commission.bitcoin amazon purseAfterward, a surveillance team followed Proy33 to his Broward County home and identified him as Mr.bitcoin tỷ giáReid.At a second meeting, Mr.bitcoin forum hrvatska

Kramer bought nearly $1,000 in bitcoins and offered to sell stolen credit card data to Mr.The Quebecker declined but said he would “think about it,” the arrest form says.By the end of January, the two men agreed to a $30,000 transaction and Mr.Reid said he would send Mr.Kramer four to six bank account numbers to break up the deal into smaller portions, the arrest form alleges.Reid also told the agent that he would be flying to Switzerland to meet with bankers about bitcoins.Mr.Reid later texted that “there has been some crazy stuff happening with cash deposits with Chase and Bank America since Saturday” and that they would need to meet in person.They agreed to a rendezvous last Thursday at a beachfront hotel, the Casa Grande Suite.They met around 9:30 a.m.Reid that the money used in the previous two transactions came from credit-card data stolen in the Target hacking.“Reid replied by stating that it would be good for the bitcoin community.Reid then redirected the conversation by asking if Kramer was able to obtain counterfeit Florida driver’s licences and other counterfeit documents, such as social security cards and passports,” the arrest form says.The undercover officer mentioned the Target stolen credit-card data again and then showed a “flash roll” of $30,000 in $100 bills.Mr.

Reid inspected some of the cash, then, to prove that he was able to cover the deal, revealed that he had a wallet with 403 bitcoins, worth $316,000, the arrest form says.Using a laptop, Mr.Reid completed the transaction, taking a $5,000 commission, the arrest form says. in the same fashion as Mr.Reid.Both men were each charged with two counts of money laundering and one count of operating an unlicensed money services business.Mr.Reid is to return for a hearing in Miami-Dade criminal court on Feb.27.“He’s a good kid.Never been any problem before, never, never, never,” his mother, Chantal Desbois, said in an interview.“I don’t know what could have happened.Reid’s lawyer, described his client as a well-meaning “techno-geek” who is being scapegoated by authorities who are trying to send a message about the use of bitcoins.“This is going to have a chilling effect on the public perception of bitcoins,” he said in an interview.If you’re a follower of technology or business websites, you’ve probably heard of Bitcoin.

Bitcoin is a digital peer-to-peer currency famed for its anonymity, independence from centralized authority and its high value.At the time of writing, one Bitcoin, or BTC, is valued at $1000.While Bitcoin may carry the impression of not-so-legal use such as its relation to the Silk Road as well as gambling websites, the growing popularity of Bitcoin has seen a large number of legitimate businesses opening up to the digital currency.Whether it’s new enterprises looking to cater to Bitcoin enthusiasts, or already-existing businesses adapting to the market, there’s no shortage of legitimate places for you to spend your Bitcoins.Here’s a list of 20.The University of Nicosia in Cyprus recently announced that they would begin accepting Bitcoins as payment for tuition and other fees.This makes the University of Nicosia the first university in the world to accept Bitcoins as payment.BitcoinStore is an online marketplace that sells a variety of electronic gadgets, at prices cheaper than sites such as Amazon and NewEgg.

BitcoinStore offers international shipping, albeit with a few exceptions that are listed in its FAQ.BitPremier is a luxury Bitcoin-only marketplace, where you can find anything from high-performance sports cars to works of art and even real estate.Gyft lets you buy, recieve, redeem and send digital gift cards for over 200 retailers, including Amazon, Sears, Target and GameStop.You can buy these gift cards using Bitcoins.Coingig is an online marketplace that conducts its transactions solely in Bitcoins.You can find everything from books to t-shirts to gift vouchers on Coingig.International shipping, as with similar online marketplaces, will depend on individual sellers.BitFash acts as an intermediary, allowing you to buy fashion items from Fashion21 and ASOS using Bitcoins, with more brands coming soon.CoinMap is a map of more than 900 (at the time of writing) Bitcoin-friendly businesses all across the world, including restaurants, pubs, cafes and bakeries.Some examples include Pembury Tavern in London, Tabita Bakery in Mexico City, and a Subway franchise in Allentown, Pennsylvania.

PizzaForCoins allows you to order from any nearby Domino’s, Pizza Hut or Papa Johns.Pay in Bitcoins to PizzaForCoins, and they’ll order your pizza(s) for you.PizzaForCoins is currently available for United States and Australian customers only; the United Kingdom service is currently offline, while a Canadian service is “coming soon.” The Swiss Pharmacy provides high-quality medicine, both branded and generic.The Swiss Pharmacy accepts Bitcoins alongside traditional money, and will ship worldwide, with some exceptions that are listed on the website.Young Pioneer Tours operates budget group and individual tours to North Korea (including the Rason Special Economic Zone) and other parts of the world tourists often avoid.Prices on the website are listed in Euros, but Young Pioneer Tours accepts Bitcoins.All Things Luxury carries a large selection of jewelry, including rings, necklaces, bracelets, earrings and cuff links.Prices are not listed in Bitcoin, but you have the option of paying with Bitcoins at checkout.

Richard Branson’s Virgin Galactic venture, which aims to promote space tourism, recently announced that it had begun accepting Bitcoins as payment for their suborbital space flights.CheapAir recently announced that they would begin to accept Bitcoin as a way to pay for flights.CheapAir intends to eventually allow you to book hotels and flights using Bitcoin via their iOS app.TravelForCoins acts as a middleman between you and travel sites such as Expedia; you pay in Bitcoins to TravelForCoins, who will pay for your flights using standard currency.Your tickets will be put under the names you provide to TravelForCoins.BitcoinCommodities sells gold and silver coins, bars and sheets.As the name suggests, it accepts Bitcoin payments.Orders ship internationally, either from Germany or drop-shipped from the USA.BitBrew sells a variety of coffees to customers all around the world, exclusively using Bitcoins.Coffees are roasted the day before delivery.Kickass Kombat sells Japanese martial arts weapons, clothing, DVDs, gifts and accessories.