14 May '13, 10pm

Feds seize money from Dwolla account belonging to top Bitcoin exchange Mt. Gox

The Department of Homeland Security has apparently shut down a key mobile payments account associated with Mt. Gox, the largest Bitcoin exchange. Chris Coyne, the co-founder of online dating service OKCupid, tweeted out an e-mail he received from Dwolla this afternoon. The e-mail states that neither Coyne, nor presumably any other Dwolla user, will be able to transfer funds to Mt. Gox. Dwolla confirmed the change to the New York Observer , which first reported the story. Dwolla received a seizure warrant from a federal court. "The Department of Homeland Security and US District Court for the District of Maryland issued a ‘Seizure Warrant’ for the funds associated with Mutum Sigillum’s Dwolla account (a.k.a. Mt. Gox)," a Dwolla spokesperson told NYO' s BetaBeat. "Dwolla has ceased all account activities... for Mutum Sigillum while Dwolla’s holding partner transferred Mutum ...

Full article: http://arstechnica.com/tech-policy/2013/05/feds-seize-mon...

Tweets

REPORT: Department Of Homeland Security Prevents Payment Provider From Transferring Money To Bitcoin Exchange

REPORT: Department Of Homeland Security Prevent...

businessinsider.com 14 May '13, 10pm

One of the big questions about the viability of Bitcoin, the anonymous, virtual currency that has surged in value this yea...

Feds Seize Cash from Major Bitcoin Exchange's D...

torrentfreak.com 15 May '13, 9am

Feds Seize Cash from Major Bitcoin Exchange’s Dwolla Account Andy May 15, 2013 11 Print The U.S. Government has taken a si...

bitcoin

bitcoin

betabeat.com 14 May '13, 8pm

The Department of Homeland Security appears to have shut down the ability to use Dwolla, a mobile payment service, to with...

Dept. of Homeland Security freezes accounts between Dwolla and bitcoin exchange Mt. Gox

Dept. of Homeland Security freezes accounts bet...

pandodaily.com 14 May '13, 9pm

Most recently, US-based bitcoin exchange startup CoinLab sued Mt. Gox for $75 million alledging breach of contract related...

Here's Why The Feds Shut Down The World's Biggest Bitcoin Exchange by @_dtl

Here's Why The Feds Shut Down The World's Bigge...

businessinsider.com 15 May '13, 5pm

of how the government was able to seize a bunch of cash from Mt. Gox, the world's largest Bitcoin exchange. Homeland Secur...

The Feds Are Cracking Down On Mt. Gox (Not On B...

forbes.com 15 May '13, 8pm

, Mt. Gox’s CEO who also owns Mutum Sigillum and who claimed when he opened a Wells Fargo account for the latter in May 20...

Feds Seize Assets of World's Largest Bitcoin Ex...

gawker.com 15 May '13, 5pm

The problems keep coming for Mt. Gox, the world's biggest Bitcoin exchange. Just days after Gawker revealed a key business...

#bitcoin

arstechnica.com 15 May '13, 3pm

The Department of Homeland Security is investigating Mt. Gox , the largest Bitcoin exchange, for violating laws on US mone...

#bitcoin

reddit.com 14 May '13, 7pm

There is another email sent regarding this. It is not may not be a Dwolla-specific matter and may be much more important t...

Homeland Security seizes account of largest Bitcoin exchange, Mt. Gox

Homeland Security seizes account of largest Bit...

extremetech.com 15 May '13, 8pm

The application asks several questions; to include, “Do you deal in or exchange currency for your customer?” and “Does you...

here goes★ BitCoin Panic:Department of Homeland Security Shuts Down

here goes★ BitCoin Panic:Department of Homeland...

beforeitsnews.com 15 May '13, 1pm

Dwolla users are unable to transfer money to and from leading Bitcoin trading platform Mt. Gox following a court order fro...

Bitcoin price holds up as details emerge about ...

gigaom.com 15 May '13, 10pm

The value of Bitcoin fell more than 10 percent overnight on Tuesday, apparently in response to Homeland Security’s decisio...

Homeland Security cuts off Dwolla bitcoin transfers

Homeland Security cuts off Dwolla bitcoin trans...

news.cnet.com 14 May '13, 11pm

John Morton, director of U.S. Immigration and Customs Enforcement, Homeland Security's principal criminal investigative di...

US seizes top Bitcoin exchange as crackdown begins

US seizes top Bitcoin exchange as crackdown begins

rt.com 15 May '13, 10pm

US seizes top Bitcoin exchange as crackdown begins Get short URL Published time: May 15, 2013 22:25 Tags Court , DHS , Glo...

And So It Begins: The Feds Target Bitcoin Transactions

And So It Begins: The Feds Target Bitcoin Trans...

motherjones.com 15 May '13, 12am

The DHS is focusing on Dwolla, an online payment system (sort of like PayPal) that has become a popular way for Bitcoin us...