18 Jun '13, 5pm

Federal Agents routinely search for and lock onto #Bitcoin Wallets, says angel investor #sv411

If you’re a user of Bitcoin virtual currency or you’ve ever installed a Bitcoin wallet on your computer, the federal government is probably watching your digital transactions, according to a well-known start-up executive and angel investor. “I just had a government guy in my office telling me that they have forensic software looking for Bitcoin wallets on your machines,” said Gary Kremen, founder of Match.com and Sociogramics . “And if they find one, they lock on to you, because statistically, if you were in Liberty Reserve or using a lot of anonymous money, you were probably doing something wrong.” Bitcoins are a virtual currency that can be used to buy and sell a wide variety of products online and in the real world. The currency is transferable anywhere in the world and can be exchanged for real currency at any time. The Bitcoin industry witnessed a meteoric rise in val...

Full article: http://www.sv411.com/index.php/2013/06/bitcoin-wallets-se...

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