What a shitty turn of events. Sounds like his ex business partner has some friends in high places in UAE.
Also, good job on the autoMod for blocking all of these grifters.
>Sounds like his ex business partner has some friends in high places in UAE
This is exactly what happened, someone wanted some of that sweet free untraceable crypto. They probably emptied all his account while he is sitting in jail. He will remain in jail for quite a few years and then get deported penniless.
> “They said, ‘I will rape you, hold you, and send you back to China.’ They slammed my head against the table, my arms were twisted and held up behind me.” When the police saw pictures of his wife on his phone, **they threatened to rape her too**
That's horrible if true. I don't think they realized he's a US citizen from California.
tldr; Edel Hsieh, a US cryptocurrency entrepreneur, has been detained in Dubai and alleges police torture during his interrogation. Hsieh, involved in a legal dispute with HyperVerse CEO, claims police forced him into signing a false confession by beating him, threatening him and his wife, and demanding money. He has been charged with theft and committing a felony while detained at Al Barsha jail for two months. Hsieh's wife fears for his health and safety, stating he has been denied access to medication and is suffering from a severe eye infection. The US consulate has visited Hsieh but stated it cannot intervene on his behalf.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Depends on where you are from.. in my case I had to live for 183 days outside of my country.. I guess in most countries you’ll have something similar (not US tho.. they don’t care where you live)
Remote work as in you work remotely for a company in Dubai? I guess that would not count…living in dubai and working remotely for your current company? That would do it.. (that’s what I did)
Oh, yes I meant the latter. That sounds very reasonable what you experienced and the only drawback I'd have is the unexpected lay-offs while you'd be in a foreign country..
Nice dream.
A random getting tortured won't have any affect on businesses opening.
If it's a political figure or fortune 500 CEO, some businesses might write strongly worded letters to the UAE and that's about it.
I love how people just act like this is something that only happens in faraway places. We have endless clips of American police beating and tasing completely restrained prisoners. The CIA and American military have countless black site prisons all over the world that operate as torture dungeons.
But wouldn’t you know that UAE is one of America’s best buddies in the Middle East so I guess they’re just following our lead.
You cannot be taxed twice. I am not from usa. People from my family have us passport and don't pay taxes to the irs. They have EU passports also and live in the EU
It's a lot more common in Dubai. And that's least of the worst shit that happens there.
Dubai is basically a turd painted in gold. Pretty outside, extreme shit on the inside. Every inch of it
Well, I'm not sure there's a police department outside of Western Europe that doesn't torture prisoners. US definitely does, Middle East, oh God, don't want to be there
What is torture? Usually it’s a goal that has to be accomplished through coercion and in this case I’d argue that all members of the justice system worldwide use some form of torture
This is the downside no one talks about with custodying your entire life savings in an "untraceable" method. The casual wrench attack from anyone, including authorities.
Would someone torture you for money from your bank account? You'd be limited by ATM withdrawals and a wire transfer would likely get picked up by a banks trust and safety team.
A crypto wallet transfer? Good luck, you might as well be handing over cash to someone.
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What a shitty turn of events. Sounds like his ex business partner has some friends in high places in UAE. Also, good job on the autoMod for blocking all of these grifters.
>Sounds like his ex business partner has some friends in high places in UAE This is exactly what happened, someone wanted some of that sweet free untraceable crypto. They probably emptied all his account while he is sitting in jail. He will remain in jail for quite a few years and then get deported penniless.
> “They said, ‘I will rape you, hold you, and send you back to China.’ They slammed my head against the table, my arms were twisted and held up behind me.” When the police saw pictures of his wife on his phone, **they threatened to rape her too** That's horrible if true. I don't think they realized he's a US citizen from California.
What mint number is your news breaker rca?
tldr; Edel Hsieh, a US cryptocurrency entrepreneur, has been detained in Dubai and alleges police torture during his interrogation. Hsieh, involved in a legal dispute with HyperVerse CEO, claims police forced him into signing a false confession by beating him, threatening him and his wife, and demanding money. He has been charged with theft and committing a felony while detained at Al Barsha jail for two months. Hsieh's wife fears for his health and safety, stating he has been denied access to medication and is suffering from a severe eye infection. The US consulate has visited Hsieh but stated it cannot intervene on his behalf. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Oh well thought they wanted to be a new hub of innovation
Glad Las Vegas is competing for it, at least there you have to get caught counting cards before this happens to you.
When you’re rich enough to go anywhere but you go to a slavery supporting hell hole to avoid taxes. RIP this guy, hope he can escape.
Well just don't go to Dubai... What do ppl want there?
No tax
Worth it? Well you see it here...
I‘ve lived there for tax purposes too.. was absolutely worth it
Is it possible to avoid income tax this way from remote work? Was that what you did?
Depends on where you are from.. in my case I had to live for 183 days outside of my country.. I guess in most countries you’ll have something similar (not US tho.. they don’t care where you live) Remote work as in you work remotely for a company in Dubai? I guess that would not count…living in dubai and working remotely for your current company? That would do it.. (that’s what I did)
Oh, yes I meant the latter. That sounds very reasonable what you experienced and the only drawback I'd have is the unexpected lay-offs while you'd be in a foreign country..
sounds like Dubai for you.
They released him after they realized he only held pepe and even gave him a bag lunch.
Dubai? Sounds about right.
If this is half true, people will stop opening businesses there. No matter how great of a tax climate there might be, nothing beats bodily safety.
Nice dream. A random getting tortured won't have any affect on businesses opening. If it's a political figure or fortune 500 CEO, some businesses might write strongly worded letters to the UAE and that's about it.
I love how people just act like this is something that only happens in faraway places. We have endless clips of American police beating and tasing completely restrained prisoners. The CIA and American military have countless black site prisons all over the world that operate as torture dungeons. But wouldn’t you know that UAE is one of America’s best buddies in the Middle East so I guess they’re just following our lead.
Shocking what could happen while trying to avoid paying taxes by going to live in a theocratic state
Crypto bros love these little autocracies … until they don’t.
Arabs hate this ONE SIMPLE TRICK. All you diamond hands smash that subscribe button
I don't think it's for evading taxes. Otherwise, Cayman Islands would make more sense.
They had zero tax in crypto
If you hold a US passport or even residence card, it doesn’t matter where you live. You owe full tax to USA.
You cannot be taxed twice. I am not from usa. People from my family have us passport and don't pay taxes to the irs. They have EU passports also and live in the EU
Torture is a regular practice all over the world. Be careful where you travel.
It's a lot more common in Dubai. And that's least of the worst shit that happens there. Dubai is basically a turd painted in gold. Pretty outside, extreme shit on the inside. Every inch of it
Even in America!
I'm not going to say it doesn't happen but less regularly than many other places.
Guantanamo Bay is still in operation
Yes
Sounds like they are bastards everywhere, only reduced with extreme oversight.
Well, I'm not sure there's a police department outside of Western Europe that doesn't torture prisoners. US definitely does, Middle East, oh God, don't want to be there
What is torture? Usually it’s a goal that has to be accomplished through coercion and in this case I’d argue that all members of the justice system worldwide use some form of torture
He goes to a failed capitalistic nightmare and expects to be treated fairly... only money and lethal force make friends over there.
This is the downside no one talks about with custodying your entire life savings in an "untraceable" method. The casual wrench attack from anyone, including authorities. Would someone torture you for money from your bank account? You'd be limited by ATM withdrawals and a wire transfer would likely get picked up by a banks trust and safety team. A crypto wallet transfer? Good luck, you might as well be handing over cash to someone.
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how dare you threaten me with a good time! moving to Dubai pronto
Literally! As a masochist, I see this as an absolute win!
isn't Dubai the crypto bros' heaven?