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DHS Shuts Down Dwolla Payments To and From Mt. Gox

Posted by Soulskill on from the plot-thickens dept.

An anonymous reader sends this excerpt from BetaBeat: "The Department of Homeland Security appears to have shut down the ability to use Dwolla, a mobile payment service, to withdraw and deposit money into Mt. Gox, a Bitcoin trading platform. ... A representative for Dwolla told Betabeat that the company is 'not party' to this matter and encourages those with questions to reach out to Mt. Gox or the DHS. 'The Department of Homeland Security and U.S. District Court for the District of Maryland issued a 'Seizure Warrant' for the funds associated with Mutum Sigillium's Dwolla account (a.k.a. Mt. Gox),' he said. 'In light of the court order, procured by the Department of Homeland Security, Dwolla has ceased all account activities associated with Dwolla services for Mutum Sigillum while Dwolla's holding partner transferred Mutum Sigillium's balance, per the warrant.'"

8 of 302 comments (clear)

  1. See! It it's not just a waste of tax payer money. by VortexCortex · · Score: 4, Funny

    In fact, I think we need a new Department: DERP - Department of Earnings from Role Playing. Then we can finally shut down the other online currencies like WoW Gold that threaten the almighty buck!

  2. Market manipulation. by tocs · · Score: 3, Funny

    I think maybe some one from DHS wanted to generate some bad publicity for bitcoins. Now they can buy some and make a little money.

    1. Re:Market manipulation. by lucm · · Score: 5, Funny

      I think maybe some one from DHS wanted to generate some bad publicity for bitcoins. Now they can buy some and make a little money.

      If your explanation for this situation was part of a list of 50 explanations where the 49 others are redacted and I had to gamble every dollar I have, I would definitely pick at random one of the other 49.

      Yes, that's how bad I think your explanation is. It's like a bad plot for a Steven Seagal movie except instead of being a former Special Ops operative trying to save an orphan from a ukrainian pedophile ring he would be the owner of an indian-friendly BitCoin exchange that throws a fit when he finds out that a retarded intern at the DHS has added the name of his exchange to the no-fly list in order to damage his business and make money. The movie would end with no explanation as to how exactly the retarded intern was planning to make money with this scheme because even while they were high the writers could not find an explanation that would make sense to their undemanding audience.

      --
      lucm, indeed.
  3. Re:See! It it's not just a waste of tax payer mone by SteveFoerster · · Score: 5, Funny

    And if they use the revenue to fund military research, they could call it DERPA.

    --
    Space game using normal deck of cards: http://BattleCards.org
  4. Sci-Fi Supervillain by PopeRatzo · · Score: 3, Funny

    I can't believe we've gone this many comment and nobody has mentioned that "Mutum Sigillium" sounds like the name of a inter-galactic criminal from Dimension X.

    --
    You are welcome on my lawn.
  5. Re:Funny Money by fustakrakich · · Score: 3, Funny

    Bitcoin is like Richard Pryor. Offensive, unstable, unpredictable, implicated in tax-evasion, and prone to setting itself on fire.

    And dead?

    --
    “He’s not deformed, he’s just drunk!”
  6. Re:It's started... by Anonymous Coward · · Score: 2, Funny

    " Fiat currencies have absolute no innate value."
    Nonsense. If you choose small Italian cars as your unit of currency, they can always be driven, (providing value) no matter how much you've devalued them.

  7. Re:It's started... by budgenator · · Score: 4, Funny

    Remind me again why Obama hasn't been impeached yet?

    Because then Biden would be President.

    --
    Apocalypse Cancelled, Sorry, No Ticket Refunds