06 Sep '12, 2pm

Romney Shakedown Attempt Shows Bitcoin's Laundering Potential

Romney Shakedown Attempt Shows Bitcoin's Laundering Potential

It may be an elaborate hoax, but an apparent attempt to blackmail Mitt Romney shows the dark side of a disruptive financial technology and raises serious legal questions. In an anonymous letter addressed to PricewaterhouseCoopers, an individual or group of individuals claims to have obtained the presidential candidate's unreleased tax returns from a PwC office in Tennessee. The letter claims these documents will be sent in encrypted form to "all major news outlets " and lays down a twisted challenge. Those who want to prevent the alleged tax returns from being decrypted must send $1 million worth of bitcoins to an address provided in the letter by Sept. 28. But if those who do want the purported tax returns to become readable send the same amount of money to a different Bitcoin address first , the blackmailer or blackmailers will release the encryption key anyway. "Who-eve...

Full article: http://www.americanbanker.com/bankthink/romney-shakedown-...

Tweets

@SLeasca What's the deal with Bitcoins and why do they matter to #Romney?

@SLeasca What's the deal with Bitcoins and why ...

globalpost.com 06 Sep '12, 6pm

What is a bitcoin and why does it matter to Mitt Romney? (Adam Berry/AFP/Getty Images) What do you think? Bitcoins are hav...

Bitcoin and the future of crime

bostinno.com 06 Sep '12, 2pm

Last night the news broke that hackers managed to physically break into the offices of a Pricewaterhouse Cooper branch in ...

Porn mogul offers $1 million for Mitt Romney's tax returns. Will bitcoin be involved? #bitcoin

Porn mogul offers $1 million for Mitt Romney's ...

huffingtonpost.com 09 Sep '12, 6am

With A Little Help From My Friends (Joe Cocker) <strong><a href="http://www.huffingtonpost.com/2012/05/28/mitt-romney-will...

Romney in a Brave New World: On September 4, 20...

metafilter.com 12 Sep '12, 4pm

its almost certainly a hoax- $1 million on bitcoin would be so easily traced, it's not funny (I've vainly tried to convinc...

(The plot thickens) - BitInstant To Romney Camp:'We'll Convert $1,000,000 USD to Bitcoin For Free.'

(The plot thickens) - BitInstant To Romney Camp...

forbes.com 07 Sep '12, 6am

In what appears to be a publicity stunt, a Bitcoin transfer service has offered to waive its fee for Romney to convert $1,...

Blackmail And A Briefcase Of Bitcoin

Blackmail And A Briefcase Of Bitcoin

forbes.com 06 Sep '12, 1pm

We will find, however, that the case against the blackmailer cannot stand serious analysis; that it is based upon a tissue...

Secret Service investigates alleged theft of Romney tax records

Secret Service investigates alleged theft of Ro...

rt.com 06 Sep '12, 6pm

The Secret Service is up in arms over claims being made by a group that says they have obtained White House hopeful Mitt R...

World Bank Study Shows How Anti-Money Laundering Rules Hurt the Poor by Daniel Mitchell Forbes #bit

World Bank Study Shows How Anti-Money Launderin...

forbes.com 11 Sep '12, 3pm

The data show that 50 percent of adults worldwide have an account at a formal financial institution… Although half of adul...

Does Mitt Romney have a Bitcoin problem?

Does Mitt Romney have a Bitcoin problem?

scpr.org 10 Sep '12, 10pm

Nicholas Kamm/AFP/Getty Images Republican nominee Mitt Romney, shown speaking in Colorado. Were his tax returns really hac...

Bet: The Mt.Gox bitcoin closing price will be g...

betsofbitco.in 10 Sep '12, 3am

The Mt.Gox bitcoin closing price will be greater than 11.16 USD on Sept 11, 2012 The Mt.Gox bitcoin closing price will be ...

I liked a @YouTube video from @adamkokesh Anony...

youtube.com 08 Sep '12, 6am

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement Anonymous Bitcoin ra...

Bitcoin value spikes after hacker demands ransom in the currency

Bitcoin value spikes after hacker demands ranso...

venturebeat.com 06 Sep '12, 1am

Sometimes a hack has unexpected outcomes. Today, a hacker who claims to have obtained Mitt Romney’s tax returns is demandi...

I ponder the Mitt Romeny tax return extortion p...

jerrybrito.org 07 Sep '12, 8pm

More on the Mitt Romney tax return extortion plot More on the Romney tax-return blackmail plot because I find it interesti...

DOJ targets banks, others in new money laundering offensive #bitcoin #AML

DOJ targets banks, others in new money launderi...

reuters.com 01 Sep '12, 11am

By Aruna Viswanatha and Brett Wolf Fri Aug 31, 2012 8:47pm EDT (Reuters) - The Department of Justice is shifting its sight...

Anonymous Bitcoin ransom note threatens Romney

youtube.com 10 Sep '12, 10pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement Anonymous Bitcoin ra...