In this thread, Alex B, aka. paraipan, brags about how he has submitted a formal complaint against Bitcoinica to the spanish police because they haven’t gotten back to him about their AML regulations.

Bitcoinica has said they will announce their regulatory compliance scheme in the next few weeks. Mt.Gox just posted a ToS in the past couple weeks, so Bitcoinica’s actions are par for the course.

IMO, Alex is just being spiteful because a 17 year old is making way more money than him. He has his own BTC->cash business which avoids the banking system (read: potential money laundering uses), and yet he reports Bitcoinica? Total hypocrite.

Want to know more about this shifty paraipan fellow?

Ebay – http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=bogdan.seme
OpenID – http://paraipan.myopenid.com/
BitcoinOTC – http://bitcoin-otc.com/viewratingdetail.php?nick=paraipan
Github – https://github.com/paraipan

Claims to live in spain. Many instances of username used in Romania (may be someone else with last name ‘paraipan’)

Ebay profile indicates he speaks only english and spanish.