15 May '13, 10pm

US seizes top Bitcoin exchange as crackdown begins

US seizes top Bitcoin exchange as crackdown begins

US seizes top Bitcoin exchange as crackdown begins Get short URL Published time: May 15, 2013 22:25 Tags Court , DHS , Global economy , Globalization , Information Technology , Internet , Law , USA The US Department of Homeland Security seized a payment processing account Tuesday belonging to Mt. Gox, the largest international Bitcoin trader, claiming the monetary exchange service falsified financial documents. The American government has previously made it clear that officials are watching Bitcoin, a decentralized economic currency that international regulators have not yet been able to control. Many of those who favor Bitcoin use Dwolla, an Iowa-based startup that allows customers to transfer their dollars into Bitcoins. Unfortunately for those consumers, the Department of Homeland Security issued a warrant Tuesday effectively shutting down Dwolla’s ability to process Bi...

Full article: http://rt.com/usa/bitcoin-exchange-seized-crackdown-begin...

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US Government Begins BitCoin Crackdown

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businessinsider.com 15 May '13, 5pm

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theverge.com 16 May '13, 10am

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money.cnn.com 16 May '13, 9pm

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