Looks like hackers have clued in on the fact that users sometimes use the same password across various services. Morale of the story is to use unique passwords, which is a laborious task if you a have more than few accounts. The alernate would be to use password management products like Dashlane, OnePass, etc…
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The Wall Street Journal.: Wealth Adviser Daily Briefing: Raymond James Fined $17 Million for Anti-Money-Laundering Lapses
Ideal example if risk management. Most organizations are taking this approach where the calculate risk vs reeard and plow through. Even after paying the fines the probably made much more and the fines were already accounted in their P&L analysis
The Wall Street Journal.: Wealth Adviser Daily Briefing: Raymond James Fined $17 Million for Anti-Money-Laundering Lapses. http://google.com/newsstand/s/CBIwwKS0_SQ
He has technically proven his claim by using the bitcoins supposedly owned by the creator.
Now what? Will the IRS equivalent penalize him for all the over due taxes, will he get threats from people who have been victims of bitcoin, will he get an offer from a technology firm, bank, or a government to work for them. Or will it be just another revelation and life goes one.
Blockchain concept is really revolutionary, the implementations of which are yet to be seen at a consumer level besides for bitcoin.
Quick Links as the story develops: