Department of homeland security attacks popular bitcoin funding method.

[- Jesus Christ -]

http://www.reddit.com/r/Bitcoin/comm...ss_with_mtgox/

Due to recent court orders received from the Department of Homeland Security and U.S. District Court for the District of Maryland, Dwolla is no longer legally able to service Mutum Sigillum LLC?s account.

[Fat Panda]

of course the US GOVT is going to go after terrorists and criminals

[- Jesus Christ -]

the US GOVT is terrorists and criminals

Fixed that for you.

[dyna mo]

exchanges will wrap-up sooner than expected.

[dyna mo]

i'm still showing dwolla as a funding option in my gox acct.........

[_Richard_]

Fixed that for you.

did they use terrorism legislation? you know?

[- Jesus Christ -]

i'm still showing dwolla as a funding option in my gox acct.........

It was a court order to dwolla not Mt. Gox and It just happened.

did they use terrorism legislation? you know?

I have no further info, but they have enough "money laundering" legislation on the books to attack whatever business they want without pulling the terrorism card.

[dyna mo]

It was a court order to dwolla not Mt. Gox and It just happened.


I have no further info, but they have enough "money laundering" legislation on the books to attack whatever business they want without pulling the terrorism card.

yeah, it seems weird to me they would send out the emails but still have the funding option. i guess they'll still take my money, it's up to me to figure out how to cash it back out.

i guess we will be seeing a sell off asap.

[_Richard_]

It was a court order to dwolla not Mt. Gox and It just happened.


I have no further info, but they have enough "money laundering" legislation on the books to attack whatever business they want without pulling the terrorism card.

yea fair enough.. was how the UKers took out Iceland.. and i would assume they'd have similar legislation

[mayabong]

yeah, it seems weird to me they would send out the emails but still have the funding option. i guess they'll still take my money, it's up to me to figure out how to cash it back out.

i guess we will be seeing a sell off asap.

Are you in the US?

[dyna mo]

Are you in the US?

yes..........

[mayabong]

yes..........

I've used http://fastcash4bitcoins.com on many occasions. They work well if you are cashing out. Cash is boring though.

[dyna mo]

I've used http://fastcash4bitcoins.com on many occasions. They work well if you are cashing out. Cash is boring though.

super cool, ty. yeah, i'm keeping my cash in for sure. i'm still waiting to buy back in, in fact, and can't wait.

i think i am going to check out localbitcoin too, or something like that, i forget the exact name, but 1 to 1 exchange, just in case.

[jscott]

So there must be some kind of judgement from court of law before any changes can be made, right? http://www.talkbitcoins.com/talk-bit...-accounts/405/

[helterskelter808]

Looks like $1 is going to equal 100 BTC soon.

[dyna mo]

Looks like $1 is going to equal 100 BTC soon.

don't tease me like that!

[helterskelter808]

Didn't it get to around $70/1BTC a week or two ago? I doubt it will go even as far as that. People are selling but people are picking them up. LTC is down too, to about $2.60. It's probably not a bad time to buy either coin.

[dyna mo]

yeah, i missed that opp to buy a couple. i got goxxed.

[dyna mo]

i'm not like the day traders though, i'm keeping some ducats in to show support for the long haul of the experiment. or at least until the next super huge bubble.

[jscott]

yeah, i missed that opp to buy a couple. i got goxxed.

FYI, you can now purchase BTC at Coinbase again.

They had huge $5mil investment, maybe that is why

[dyna mo]

FYI, you can now purchase BTC at Coinbase again.

They had huge $5mil investment, maybe that is why

that's right huh, it's funny, i had read about that $5m infusion and hadn't put 2&2 together, i'm going to go ahead and set-up an account there. i like having accounts in several spots. thanks for the heads-up

[jscott]

that's right huh, it's funny, i had read about that $5m infusion and hadn't put 2&2 together, i'm going to go ahead and set-up an account there. i like having accounts in several spots. thanks for the heads-up

np

Ya i like to spread mine around too. And cbase is the easiest, most simple one around

[dyna mo]

you know what doesn't make sense though? why the dhs only targeted dwolla's link to gox. why just them? any thoughts? if it was an effort to stamp out btc, then it's very half-hearted. if that even.

[- Jesus Christ -]

you know what doesn't make sense though? why the dhs only targeted dwolla's link to gox. why just them? any thoughts? if it was an effort to stamp out btc, then it's very half-hearted. if that even.

It's more likely related to a specific crime.

Attempting a country wide ban would do nothing but force people to conduct business in jurisdictions that allow it.