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US authorities launch their first attack on bitcoin

• Tech Investor News

Yesterday the Department of Homeland Security served the Dwolla mobile payment service with a court order requiring it to immediately cease all account activities with the Mt. Gox bitcoin exchange. Today it appears that Mt. Gox, based in Japan, has been cut off from Internet. If you try to get to you get a “502 Bad Gateway”...

In the warrant (Ars Technica has posted it) Mt. Gox’s subsidiary “Mutum Sigillum LLC,” which is incorporated in Delaware, set up an account at Wells Fargo under the name of Mt. Gox’s founder, Mark Karpeles. According to the warrant, when Karpeles, or someone acting on his behalf, filled out the required paperwork he answered “no” to at least two key questions: ”Do you deal in or exchange currency for your customer?” and “Does your business accept funds from customers and send the funds based on customers’ instructions (Money Transmitter)?” ...


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Secret Police Assault Bitcoin


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