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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.'"

4 of 302 comments (clear)

  1. Re:It's started... by M0j0_j0j0 · · Score: 5, Informative

    Flash-news for you, there are other currencies apart from the $$....

  2. It's federal, not state by SteveFoerster · · Score: 5, Informative

    I'm not a lawyer, but I used to work in a law library, and that's know enough to know that "U.S. District Court for the District of Maryland" is a federal court, not a state one.

    --
    Space game using normal deck of cards: http://BattleCards.org
  3. Re:It's started... by LordLimecat · · Score: 5, Informative

    In what way does gold have innate value?

    In a rare display of insight, yahoo answers actually explains why the whole premise is absurd...
    http://answers.yahoo.com/question/index?qid=20120303200416AABp0fx

  4. Re:It's started... by fredprado · · Score: 5, Informative

    Gold has some innate value in the sense that it can be used directly to build stuff. It is just a much lesser value than its current market value at the moment. Fiat currencies have absolute no innate value.