Largest BitCoin Exchange Seized By Dept. Homeland Security - Galt's Gulch

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Largest BitCoin Exchange Seized By Dept. Homeland Security

Posted by khalling 10 years, 11 months ago to Economics

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govt doesn't like it when it doesn't know where your money is...

SOURCE URL: http://www.extremetech.com/extreme/155933-homeland-security-seizes-account-of-largest-bitcoin-exchange-mt-gox

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Posted by nickberry 10 years, 11 months ago

Misleading, and wrong Mt Gox had their US bank account seized. Mt. Gox is still operating, just unable to accept money transfers through Dwolla.

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  Posted by khalling 10 years, 11 months ago
  
  Here is a copy of the warrant. Is Dwolla a US Bank Account? It is my understanding, it is an exchange to and from bank accounts that Bitcoin accounts use.
  http://cdn.arstechnica.net/wp-content/up...
  Please correct me if I am wrong
  
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  Posted by khalling 10 years, 11 months ago
  
  do you have more information? I was looking at Dwolla account holders comments yesterday trying to switch funds between accounts and could not do it. Further, You could receive your funds only by wire transfer from Gox if you fronted the transfer fees. If Wells Fargo told me I could have access to my account only if I initiated a wire, I would be hugely upset and worried.
  
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