15 May '13, 6pm

US Government Begins BitCoin Crackdown

Sen. Chuck Schumer (D-N.Y.) described Bitcoin as an “online form of money laundering” and called for the authorities to shutter the Bitcoin-based drug market Silk Road. Yet until recently, the feds have taken a relatively hands-off posture. ... That hands-off stance may have started to change this week when the feds took action against Mt. Gox, the world’s leading Bitcoin exchange. Many people use Dwolla, a PayPal-like payment network, to send dollars to their Mt. Gox accounts. They then use those dollars to buy Bitcoins. On Tuesday, Dwolla announced that it had frozen Mt. Gox’s account at the request of federal investigators. It’s the first federal action against the currency. CNet has confirmed that the asset seizure was initiated by Homeland Security Investigations , a division of Immigration and Customs Enforcement. Among other things, that agency has the power to enfo...

Full article: http://www.zerohedge.com/news/2013-05-15/us-government-be...

Tweets

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...

CRACKDOWN

huffingtonpost.com 17 May '13, 6pm

Bitcoin is not backed by anything? Neither is the dollar. We've been off the gold standard for how long?“In 2011, the Amer...

WTF? U.S. Government Siezes Bitcoin’s Bank Acco...

teapartyeconomist.com 16 May '13, 12pm

Mt. Gox was already slow, due to the fact that most of the money sent to and from them had to go through so many intermedi...

We've gone from a country with a government to ...

ace.mu.nu 16 May '13, 9pm

t’s about a union: the National Treasury Employees Union. The NTEU. A left-wing union representing 150,000 employees in 31...

bitcoin

bitcoin

pandodaily.com 15 May '13, 8pm

US authorities launch their first attack on bitcoin By Adam L. Penenberg On May 15, 2013 Yesterday the Department of Homel...

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...

Bitcoin Exchange in U.S. Crosshairs Banked at Wells Fargo

Bitcoin Exchange in U.S. Crosshairs Banked at W...

americanbanker.com 16 May '13, 12pm

A move by the U.S. government to rein in the unregulated use of Bitcoin involved the seizure of a Japanese company's accou...

value

value

bloomberg.com 14 May '13, 2pm

Argentines are buying more BMWs, Jaguars and other luxury cars as a store of value as inflation decimates their deposits a...

The coming political battle over Bitcoin

washingtonpost.com 15 May '13, 10pm

Email Print Reprints The coming political battle over Bitcoin By Timothy B. Lee, Published: May 15, 2013 at 10:47 am E-mai...

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...

The coming political battle over Bitcoin

washingtonpost.com 15 May '13, 2pm

Email Print Reprints The coming political battle over Bitcoin By Timothy B. Lee, Published: May 15, 2013 at 10:47 am E-mai...

Biggest Bitcoin exchange lands in feds' crossha...

money.cnn.com 16 May '13, 10pm

U.S. law enforcement officials cracked down this week on the Bitcoin economy's biggest exchange, Mt. Gox, accusing its ope...

Singapore looking to crackdown on online gambling – Bikya News

Singapore looking to crackdown on online gambli...

bikyanews.com 11 May '13, 12am

Singapore looks to crackdown on online gambling. SINGAPORE: Online gambling in Singapore could soon become the domain of t...

Rooftop Solar Owners vs Utilities – The Battle Begins: This article originally

Rooftop Solar Owners vs Utilities – The Battle ...

cleantechnica.com 15 May '13, 2am

This article originally appeared on RenewEconomy . Solar panel installation via Shutterstock You don’t have to go too far ...