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.
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.