Bitcoin Exchange CEO Arrested

This is completely unsurprising, at least to those of us who understand money, banking and investment banks.

The CEO of a Bitcoin exchange was recently arrested for money laundering.

You see, banks and investment banks have a hard enough time keeping things honest, and they are dealing with real contracts and real investments.

Bitcoin  – a fabricated medium of exchange, specifically created so you can hide your tracks, is going to attract the seediest of characters.

As I wrote earlier, the real lawsuits are probably still on the way.