07 Jul '13, 1pm

Bitcoin

In a case believed to be the first of its kind, federal authorities have seized a Charleston man's virtual currency due to an alleged drug law violation with possible links to a shadowy online black market. What are Bitcoins? Bitcoins are a digital currency that function like Internet cash. They allow for rapid, anonymous peer-to-peer transactions at low or no cost, without the need for a bank or middleman. Like cash, Bitcoin transactions are not reversible. They are traded worldwide and can be purchased through online exchanges. Sources: Bitcoin Foundation, Bitstamp The U.S. Drug Enforcement Administration recently posted a forfeiture notice indicating that agents had seized 11.02 Bitcoins worth $814 from 31-year-old Eric Daniel Hughes for allegedly violating the federal Controlled Substances Act. No other details were provided. PDF Silk Road Study The seizure appears to ...

Full article: http://www.postandcourier.com/article/20130707/PC16/13070...

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DEA agents seize 11.02 bitcoin in alleged drug ...

postandcourier.com 07 Jul '13, 5pm

In a case believed to be the first of its kind, federal authorities have seized a Charleston man's virtual currency due to...

The (apparently) first #bitcoin seizure for dru...

postandcourier.com 08 Jul '13, 2am

In a case believed to be the first of its kind, federal authorities have seized a Charleston man's virtual currency due to...

Federal authorities seized #Bitcoin in Drug bust #Security

Federal authorities seized #Bitcoin in Drug bus...

news.thehackernews.com 07 Jul '13, 2pm

are a digital currency that function like Internet cash. Believed to be the first of its kind, Federal authorities have se...

First ever Bitcoin bust: Feds seize electronic currency 'in connection to ... - Daily Mail #bitcoin

First ever Bitcoin bust: Feds seize electronic ...

dailymail.co.uk 07 Jul '13, 8pm

Dubbed by some as the 'eBay of drugs,' Silk Road is an online, peer-to-peer marketplace for every drug imaginable. Instead...

Is the DEA closing in on online drug marketplace Silk Road? via @dailydot

Is the DEA closing in on online drug marketplac...

dailydot.com 08 Jul '13, 6pm

As the case of the U.S. Drug Enforcement Agency’s first seizure of Bitcoins unfolds, the future looks bleak for the contro...

An upstart digital currency concept solves one of Bitcoin's most obvious flaws

An upstart digital currency concept solves one ...

businessinsider.com 09 Jul '13, 1pm

But some say one in particular has received scant attention: "mining" the currency requires solving random equations that ...

Manhattan Law Firm Embraces the Bitcoin Currency #bitcoin

Manhattan Law Firm Embraces the Bitcoin Currenc...

bitcoinmagazine.com 11 Jul '13, 10pm

I have always been a technology enthusiast. I think it has mapped well onto my practice counseling businesses in the tech ...

And how would you like to pay, sir – cash, cred...

forexfactory.com 08 Jul '13, 12am

Fans (and nerds) see online currency Bitcoin as the way of the future, but serious investors will take some convincing. Th...

What is bitcoin

What is bitcoin

financesoul.com 07 Jul '13, 10pm

July 7th , 2013 – What is bitcoin ? Bitcoin is the first decentralized digital currency. Bitcoins are digital coins you ca...

Manhattan Law Firm Accepts Bitcoin #bitcoin

btcbible.com 10 Jul '13, 4am

On July 1, Manhattan-based law firm Nesenoff & Miltenberg, LLP became the first full-service commercial law firm to accept...

New #Bitcoin Article about Excerpt from Financi...

coindesk.com 06 Jul '13, 8am

Bitcoin, a decentralised, virtual currency, is garnering increasing interest from investors and entrepreneurs. The FT’s Ma...

Portrait of a Bitcoin miner: How one man made $...

pcadvisor.co.uk 10 Jul '13, 2pm

For all the attention that Bitcoin receives in the news , the most interesting peculiarity of this crypto-currency has lar...

Is California trying to shut down Bitcoin? via @DailyDot

Is California trying to shut down Bitcoin? via ...

dailydot.com 05 Jul '13, 9pm

Bitcoin is battling for survival in California, as state regulators seem intent to strangle the cryptocurrency.The latest ...

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bloomberg.com 05 Jul '13, 4am

Cameron and Tyler Winklevoss ’s proposal for an investment tracking the virtual currency Bitcoin faces a protracted fight ...