Coin Sheet - July 27, 2017


In "Oh, That's Where My Coins Went" News: A Russian national suspected of running a large-scale money laundering operation focused on Bitcoin has been arrested. 

The man is being charged for operating an alleged international money laundering scheme and allegedly laundering funds from hack of Mt. Gox.

Naturally, FinCEN assessed a $110 million civil money penalty against BTC-e for willfully violating U.S. anti-money laundering (AML) laws. YOU HEAR THAT? NOBODY, and I MEAN NOBODY LAUNDERS MONEY WITHOUT OUR CONSENT!

You can read a nice summary of the events here. And here's a Reuters article about it.

Sooo yeah, this guy basically created a 3 year bear market in Bitcoin, and set us back years in terms of adoption. NBD.

Blockchain Party: Richard Branson is hosting an ‘exclusive’ bitcoin and blockchain retreat on his private Island.

Here's a NYTimes article about the big beef in crypto with Bitcoin(BTC) and Bitcoin Cash(BCC).

Oh and Genesis Mining was hacked, or as they put it "we detected an unauthorized intrusion by an attacker."


This article from ZeroHedge titled Bitcoin Is Like The Internet In 1995.



If we break 2600, I might be bullish, otherwise I am still bearish.

 What is this?  Read here


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— Colin R. Davis


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