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/biz/ - Business & Finance

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9563546 No.9563546 [Reply] [Original]

https://www.reddit.com/r/shipchain/comments/8lbpz4/shipchain_hit_with_cease_and_desist_by_south/

>> No.9563555

I remember this shit got hyped like crazy here

>> No.9563827
File: 10 KB, 224x225, checkem.jpg [View same] [iqdb] [saucenao] [google]
9563827

>>9563555

T R I P S !

>> No.9563905

why specifically them and no other platforms? any burger can shed some light?

>> No.9563945

>>9563555
I should have cashed out my airdrop when it was worth $25 I guess ...
This seemed to be a nice project, it's a shame desu

>> No.9563952

>>9563905

By the look of the document it appears they were holding in person events in South Carolina to sell their shit token.

Protip: Don't buy any burger ICOs/Coins right now

>> No.9563984

>>9563952
how does holding in person events has to do with being considered a security (I figure that's why they're in legal trouble)

>> No.9564004

>>9563952
Today I saw the admin announcing a meet-up on June 7. Is this related to that?

>> No.9564025

Looks like it is
https://www.meetup.com/shipchain/events/250919993/

>> No.9564049
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9564049

>I bought at ICO
hey hey heyyyyyy

>> No.9564091
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9564091

>at my wagecuck job
>see this
>see my money evaporate before my eyes
>absolutely nothing I can do about it

Welp, I learned a lesson about risk today.

>> No.9564115

>-46,22%
WHAT THE ACTUAL FUCK

>> No.9564133

>>9564115
>buying American coins

China century isn’t just a meme bro.

>> No.9564136

GOD DAMN
FIRST I INVESTED IN OBSIDIAN, NOW THIS. JUST FUCK ME UP SENPAI.

>> No.9564141

>>9564115
hey hey heyyyyyy

>> No.9564156

Has Martian killed himself?

>> No.9564159

so now that it's tanking, what's the meaning of this cease and desist? is is necessarily the end?

>> No.9564163

>>9564115
SHIPCONNNNNNNNNNNNNNNNNECT

>> No.9564180

>>9564163
>-50,07%
THIS IS THE END

>> No.9564190

perhaps this is the start of these notices in burgerland maybe elsewhere too

>> No.9564212

No news elsewhere. Is this just a coordinated dump?

>> No.9564231

>>9564212
It’s a literal who coin, don’t overthink it

>> No.9564237

>>9564190

Ya bro I cancelled my low ball orders for other burger shitcoins.

>> No.9564272
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9564272

>tfw you got this shitcoin for free from the airdrop
oh well

>> No.9564275
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9564275

b-buy the dip?!!!

>> No.9564277

Wow.... these dumb fucks ruined the 1 or 2nd biggest partner ship in crypto by attempting to sell “In person”. How fucking stupid can u be? Do they not have any attorneys or at least legal advisors on their team?

Feeel bad for u guys getting fucked right now, shipchain seemed legit as fuck.

>> No.9564286

>check delta
>SHIP/ETH -91%
Complete disbelief, then looked it up and saw the cease and desist. Still hard to believe it dropped -90% though

>> No.9564321

The admin said dozens of companies recieved the notice including coinbase

>> No.9564333

https://twitter.com/Broccolex/status/998549478910066688

https://twitter.com/cryptomondo/status/997659927802859521

https://twitter.com/btoop88/status/996097127930650625 muh trillion industry guyz

https://twitter.com/Crypt0fons/status/998654386762145794 boolish divergences

>> No.9564338
File: 77 KB, 1042x776, ship.jpg [View same] [iqdb] [saucenao] [google]
9564338

WASA WASA WASA

SHIPCONNEEEEEEEEEEEEEEECT

>> No.9564343
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9564343

>> No.9564351

JOOSTED

>> No.9564354

>>9564338
THE WORLD IS CHANGED

>> No.9564426

>>9564321
I said I’m Vladimir Putin... do u believe me?

Where is proof? Read the cease and decist.

>> No.9564436

Am I a brainlet for thinking of buying some SHIP right now?

>> No.9564473
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9564473

This guy

>> No.9564490
File: 277 KB, 878x846, Screenshot_2018-05-23-00-27-03-932.jpg [View same] [iqdb] [saucenao] [google]
9564490

More on this guy

>> No.9564493

>>9564272
Same. Should've sold when I had $15.

>> No.9564497 [DELETED] 

>>9564426
AAAAAAAAAAAAAAAAAA

>> No.9564502
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9564502

>>9564436

>> No.9564504

>>9564436
nah I'm on the fence too. trying to figure out the legal implications of one state issuing c&d

>> No.9564507

>>9564426
I don't believe or disbelieve it. I was just updating you guys from the telegram

>> No.9564527

>>9563984
marketing makes it a security.

>> No.9564532
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9564532

What a deal!

>> No.9564537

>>9564490
I hope he had just $100 in it.

>> No.9564557

>>9564527
isn't every ICO considered marketing though?

>> No.9564586

>>9564333
Just saw that last one lmao

>> No.9564606

>>9564527
Huh.... so than just about every single coin should be getting a c&d since they were marketing their product in New York last week.... right? Wrong. There is more to the ship story than we probably are seeing. That, or the c&d is unjust.

>> No.9564613

>>9563984
Jews are heavily invested in shipping.
Jews felt threatened enough to bury it.
No refunds, goyim.

>> No.9564650

Real question, how the fuck do big holders react that fucking fast to bad news?
I happened to have some dust from the airdrop but if this happened to my hodls I'd be livid.

>> No.9564660
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9564660

>>9564527
That's how it starts.
>Pic related.

>> No.9564701

“Land of the free”

>> No.9564754

Are you going to buy the dip?

>> No.9564804

>>9564650
the big guys get notice we get pajeeted. im not sure whether to consolidate my holdings into eth or something. this can just come like a thief in the night and bang

>> No.9564808

Anyone here longer than 6 months knows never buy icos that allow Americans. Did that, and never done it again.

>> No.9564820

>>9564754
yes please buy my bags

>> No.9564874

Some guy in the telegram used his student loans to buy shipchain and bitconnect

>> No.9564898

>>9564874
Screen Caps please. I’m having a toon day at work. I would love a few good laughs

>> No.9564916

>>9564808
I started in november. I bought SHIP at ICO. I have learned a hard lesson today: don't fuck with american ICOs

>> No.9564959
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9564959

>>9564898
That post of his got deleted. I'll share what I can

>> No.9565016

https://www.ccn.com/operation-crypto-sweep-us-and-canada-investigate-70-cryptocurrency-scams-sham-icos/

This is just the beginning, more injunctions coming on scams. This is the great purging, brother.

>> No.9565054
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9565054

Interesting

>> No.9565068
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9565068

He sold

>> No.9565090
File: 66 KB, 1078x145, Screenshot_2018-05-23-01-06-11-961.jpg [View same] [iqdb] [saucenao] [google]
9565090

Kek he's one of us

>> No.9565099

>>9564436
Mkcap is still too high for me, get it down another 90% to 1 mm and I'll consider it.

>> No.9565100

>>9564502
thats a good quality pinkjak right there

>> No.9565119

>>9565068
Suicide watch for Mario. Fuck

>> No.9565140

so is the project necessarily dead? does a c&d issued in one state apply to all states?

>> No.9565164

>>9565140
No and no. But be wary of investing in American coins in the future

>> No.9565200

>>9564557
>>9564606
>https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367

why you should buy the token and how far along in development their network is plays a major role in how the sec defines a security.

>> No.9565231

>>9565200
What jurisdiction does the sec have on a company that had its ico out of Europe of China....

>> No.9565299

>>9564091
>buying coins from companies based on USA

Its like youre asking to get JUST'd

>> No.9565307

>>9565231
shipchain is incorporated in california.

>> No.9565325

>>9565299
envion was germany / switzerland based, and see what happend..

>> No.9565359
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9565359

>>9565231
i'm as blind as you are. delaware not california, though the order is addressed to their california office.

>> No.9565367

>>9565307
Exactly. I’m asking what can the sec do to a say... icon. Korean company that hosted its ico out of Europe?

>> No.9565382

>>9565054
This is actually a lie. The research group that made this claim to the media turned out to be a sham.

>> No.9565407

>>9565325
From my research, it had absolutely nothing to do with the sec or an unregistered security.

>> No.9565572

>>9565367
i think if you actually read the cease and desist order you'll answer that question yourself. unless they violate a specific regulation where the sec has jurisdiction, nothing. it's all very specific.

>> No.9565661

The ship is SINKING, and its sinking in WAAAAAAVES, WASA WASA WAS WASUUUUUUUUUUUUUP SHITCONNEEEEEEEEEECT

>> No.9565705
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9565705

>>9564133
Im all in TBAR. Greatest American coin in the game. 500$ EOM

>> No.9565730

>>9565407
oh no, but it goes to show you that even an ico with legit founders outside burgerland and scamlands might tank

>> No.9565746

Glad to see this shit fail.
I once visited their Telegram and saw their community manager spam emojis EVERYWHERE, fucking disgusting

>> No.9566575
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9566575

US is dropping the hammer on crypto. This is only the first salvo.
The justings this year will be legendary.

>> No.9566629

>>9563546
>>9563555
>trust me goys, I am friendly whale
>buy boscoin and shipchain
>not pajeet sirs, buy coins

Lmfao at all the absolute fucking brainlets falling for this shit

>> No.9566652

>>9564473
ADMIN ABUSE
ADMIN AAABUUUUSEE