Re: export restictions and investments
How do the US export restrictions affect investments into non-US crypto companies? Is it legal for US private persons or companies to invest money into companies developing strong crypto applications for example in Europe?
We got an official legal opinion, which was that wholly-owned subsidiaries of US entities are subject to US regulations in this area.
Since Sun bought the Russian Elvis+ company
Are you really sure that they bought it all? That would go against what we had been told, and I have a great deal of respect for the legal/crypto expertise of "Barry an Jay" at the Washington, DC, law office of Hale & Dorr. /r$
Are you really sure that they bought it all? That would go against what
I am pretty sure that they have only a 10% stake in Elvis+. -- Sameer Parekh Voice: 510-986-8770 President FAX: 510-986-8777 C2Net http://www.c2.net/ sameer@c2.net
On Wed, 19 Nov 1997, sameer wrote:
Are you really sure that they bought it all? That would go against what
I am pretty sure that they have only a 10% stake in Elvis+.
Yes this is the case, Sun owns 10% of Elvis+ (a Russian company). Besides that there is Russia Communications Research, Inc. (a California corporation), which seems to be the sales part of Elvis+. Anyway the question was about if an US company can invest in a crypto company, and the answer was yes. Percentages are not so important. And sorry for saying "Sun bought Elvis+". Jyri Kaljundi jk@stallion.ee AS Stallion Ltd http://www.stallion.ee/
On Tue, Nov 18, 1997 at 10:59:00PM -0500, Rich Salz wrote: # >Since Sun bought the Russian Elvis+ company # # Are you really sure that they bought it all? That would go against what # we had been told, and I have a great deal of respect for the legal/crypto They didn't. # /r$ -- -mishania
At 15:01 97/11/19 -0800, via RadioMail wrote:
when i left the program, years ago, it was 10%.
i do not know if something else was done later.
----- Original Message
Date: 20 Nov 97 07:50 +0900 From: Joichi Ito <jito@eccosys.com> Subject: ELVIS+ To: Jeff Rulifson <jeffr@Eng.Sun.COM>
Jeff,
what % share of ELVIS+ does Sun own?
- Joi
-- PGP Key: http://pgp.ai.mit.edu:11371/pks/lookup?op=get&search=0x2D9461F1 PGP Fingerprint: 58F3 CA9A EFB8 EB9D DF18 6B16 E48D AF2A 2D94 61F1 Home Page: http://domino.garage.co.jp/jito/joihome.nsf To subscribe to my personal mailing list send mailto:friends-subscribe@ji.to
At 10:59 PM -0500 11/18/1997, Rich Salz wrote:
How do the US export restrictions affect investments into non-US crypto companies? Is it legal for US private persons or companies to invest money into companies developing strong crypto applications for example in Europe?
We got an official legal opinion, which was that wholly-owned subsidiaries of US entities are subject to US regulations in this area.
Does that equally apply to foreign corporations owned partially or fully by U.S. citizens, as is the case I believe for C2's Anguillan corporation? --Steve
participants (6)
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Joichi Ito -
Jyri Kaljundi -
Mikhail A. Sokolov -
Rich Salz -
sameer -
Steve Schear