New York, California, Texas – home to high-tech incubators and venture capital firms, these are states you expect to problem statements regarding a bothersome technology like digital foreign currency. Alabama? Perhaps not.
But, if you were amazed by the Alabama Securities Commission’ s recent warning regarding Mt. Gox and the dangers of digital currency investments, the director Joe Borg indicates you shouldn’ t become.
The motorcycle-driving, mustachioed regulator boasts regarding bringing more securities violators to trial, executing a lot more foreign extraditions and acquiring more prison time for monetary criminals “ than most of the other states combined”. In case that didn’ t paint the picture, this individual headed the investigation to take down Jordan Belfort, the particular real-life inspiration for The Wolf associated with Wall Street .
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