|
Title: MtGox account in the USA has been seized by the DHS? Post by: BalkanBoy on May 14, 2013, 07:10:28 PM I just attempted to get a withdrawal of my USD from MtGox to Dwolla and got the following in an email:
Dwolla Support MAY 14, 2013 | 01:44PM CDT <name removed>, Due to recent court orders by the Department of Homeland Security and U.S. District Court for the District of Maryland seizing the account of Mutum Sigillum LLC (“Mt. Gox”), Dwolla is immediately no longer legally able to service Mutum Sigillum LLC’s account. As a result if you have not seen funds arrive in your Dwolla account from this merchant then this will not be occurring with Dwolla. You will want to contact Mutum Sigillum LLC (https://mtgox.com/contact-us) to inquire on how to go about withdrawing these funds. Sincerely, Dwolla Support www.dwolla.com www.trydwolla.com (Send someone free money on us to get them started) Anyone else seen this? I guess this is the fallout from the Coinlab lawsuit? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: dogie on May 14, 2013, 07:11:30 PM Scare tactics, they do this all the time.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: BalkanBoy on May 14, 2013, 07:13:14 PM Scare tactics, they do this all the time. Well apparently it's working.... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: stochastic on May 14, 2013, 07:18:45 PM Just got the email too
Quote As of 12:13 PM on 5/14/2013: You’re receiving this notice because our systems have indicated that you’ve processed and completed a real-time Dwolla-to-Dwolla payment to Mutum Sigillum LLC (“Mt. Gox”) within the last 24 hours. Due to recent court orders received from the Department of Homeland Security and U.S. District Court for the District of Maryland, Dwolla is no longer legally able to service Mutum Sigillum LLC’s account. This is a courtesy email encouraging you to follow up on any uncompleted orders with Mutum Sigillum LLC as Dwolla is now unable to move money to and from Mutum Sigillum LLC’s Dwolla account. Dwolla is not party to this matter nor does it have any information or further insight into the situation. We strongly encourages those with questions to contact Mutum Sigillum LLC Note: Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account. On behalf of Dwolla, we apologize for this inconvenience. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rassah on May 14, 2013, 07:21:49 PM Just got the email too Quote As of 12:13 PM on 5/14/2013: You’re receiving this notice because our systems have indicated that you’ve processed and completed a real-time Dwolla-to-Dwolla payment to Mutum Sigillum LLC (“Mt. Gox”) within the last 24 hours. Due to recent court orders received from the Department of Homeland Security and U.S. District Court for the District of Maryland, Dwolla is no longer legally able to service Mutum Sigillum LLC’s account. This is a courtesy email encouraging you to follow up on any uncompleted orders with Mutum Sigillum LLC as Dwolla is now unable to move money to and from Mutum Sigillum LLC’s Dwolla account. Dwolla is not party to this matter nor does it have any information or further insight into the situation. We strongly encourages those with questions to contact Mutum Sigillum LLC Note: Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account. On behalf of Dwolla, we apologize for this inconvenience. Just got this e-mail too Title: Re: MtGox account in the USA has been seized by the DHS? Post by: antimattercrusader on May 14, 2013, 07:23:34 PM God damnit I just got verified for that too.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: WhitePhantom on May 14, 2013, 07:26:33 PM Just got the email too Quote As of 12:13 PM on 5/14/2013: You’re receiving this notice because our systems have indicated that you’ve processed and completed a real-time Dwolla-to-Dwolla payment to Mutum Sigillum LLC (“Mt. Gox”) within the last 24 hours. Due to recent court orders received from the Department of Homeland Security and U.S. District Court for the District of Maryland, Dwolla is no longer legally able to service Mutum Sigillum LLC’s account. This is a courtesy email encouraging you to follow up on any uncompleted orders with Mutum Sigillum LLC as Dwolla is now unable to move money to and from Mutum Sigillum LLC’s Dwolla account. Dwolla is not party to this matter nor does it have any information or further insight into the situation. We strongly encourages those with questions to contact Mutum Sigillum LLC Note: Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account. On behalf of Dwolla, we apologize for this inconvenience. Just got this e-mail too Guess I might have to look into direct bank transfers for withdrawals in the future. Any other thoughts for reliable USD withdrawals? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: EuroTrash on May 14, 2013, 07:27:49 PM This so reminds me of Paxum.
http://bitcoinreport.com/visa-and-mastercard-force-paxum-to-drop-bitcoin/ Title: Re: MtGox account in the USA has been seized by the DHS? Post by: gmannn on May 14, 2013, 07:31:13 PM Did you add the "seizing" wording to your email or is everyone else getting a different email?
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: BTC Books on May 14, 2013, 07:31:21 PM I just attempted to get a withdrawal of my USD from MtGox to Dwolla and got the following in an email: Dwolla Support MAY 14, 2013 | 01:44PM CDT <name removed>, Due to recent court orders by the Department of Homeland Security and U.S. District Court for the District of Maryland seizing the account of Mutum Sigillum LLC (“Mt. Gox”), Dwolla is immediately no longer legally able to service Mutum Sigillum LLC’s account. As a result if you have not seen funds arrive in your Dwolla account from this merchant then this will not be occurring with Dwolla. You will want to contact Mutum Sigillum LLC (https://mtgox.com/contact-us) to inquire on how to go about withdrawing these funds. Sincerely, Dwolla Support www.dwolla.com www.trydwolla.com (Send someone free money on us to get them started) Anyone else seen this? I guess this is the fallout from the Coinlab lawsuit? Why does your email say "seizing the account"; and the presumably identical email quoted by everyone else doesn't say that? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: tclo on May 14, 2013, 07:32:20 PM Your headline is totally misleading. All that it says is that you can't get your money out via Dwolla now. There is no Mt Gox account in the USA
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Babylon on May 14, 2013, 07:33:01 PM Prices got real interesting after paypal stopped supporting MTGox, I expect something similar here.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bassclef on May 14, 2013, 07:34:16 PM Mine doesn't say anything about "seizing".
I have money in limbo too. Isn't this just great. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: crazy_rabbit on May 14, 2013, 07:34:25 PM Well to be fair the bank system doesn't exactly like Dwolla either, so it's double whammy.
This will be interesting though. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: MickeyT2008 on May 14, 2013, 07:35:13 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. Maybe the email is badly worded
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bassclef on May 14, 2013, 07:35:20 PM Your headline is totally misleading. All that it says is that you can't get your money out via Dwolla now. There is no Mt Gox account in the USA So how does it work on their end? Gox must have a Dwolla account. The email indicates they no longer have access to it. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: stevegee58 on May 14, 2013, 07:38:01 PM It was only a matter of time before the USG started closing the avenues for converting BTC between USD.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: BTC Books on May 14, 2013, 07:39:48 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. Maybe the email is badly worded Or maybe the OP has intentionally altered the email to make it appear worse than it actually is. While the others who have quoted their emails have done so accurately. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: EskimoBob on May 14, 2013, 07:42:50 PM BalkanBoy, with 36 posts, wants to buy coin at 1/2 a price ;)
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: btbrae on May 14, 2013, 07:43:37 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. Maybe the email is badly worded It's possible they were waiting for an agreement with the Japanese. At this point we can only speculate... but don't think that governments are isolated from one another, especially when Bitcoin's market cap is small fry compared to any political sweetener. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: crazy_rabbit on May 14, 2013, 07:45:52 PM Well, Gox does have a federal lawsuit pending against it where the damages are listed in the tens of millions. Not surprising they get their account seized. The fact that the department of homeland security is involved is probably due to the fact that it's international money transfers, which falls somewhat under their supposed jurisdiction.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: MickeyT2008 on May 14, 2013, 07:51:44 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. Maybe the email is badly worded Or maybe the OP has intentionally altered the email to make it appear worse than it actually is. While the others who have quoted their emails have done so accurately. The probably cannot seize MtGox' bank accounts, but they certainly can seize their Dwolla account, since Dwolla is American. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: twobits on May 14, 2013, 07:57:11 PM Wonder if they are starting to pull a wikileaks, poker type of financial starvation.
Also, am I the only one who everytime I hear Dept of HLS, I wonder how I got into the script of a bad sci-fi movie? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: franky1 on May 14, 2013, 08:00:09 PM best advise, if you have dollar in mtgox don't cash it out.. instead buy coin and transfer the coin to a different exchange.
many of us done this and never returned to mtgox as soon as the coinlab announcement came out ages back. you had plenty of warning. i still can't believe people think with a milti million dollar lawsuit pending that business would continue to run as usual. seriously. make this a life lesson, if you see a notification of a lawsuit get your coin out and move out. your coin and dollar are not protected so don't have the naive belief that because a login page still exists you are safe to continue unaffected. they have enough hints over the last few days. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: rebuilder on May 14, 2013, 08:00:53 PM So far we have two users with a handful of posts to their name posting the e-mail version with account seizure mentioned, and others posting different e-mails. I'm not convinced yet. Also, it's dwolla, not mt gox's bank accounts.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: uhoh on May 14, 2013, 08:03:11 PM best advise, if you have dollar in mtgox don't cash it out.. instead to buy coin and transfer the coin to a different exchange. many of us done this and never returned to mtgox as soon as the coinlab announcement came out ages back. you had plenty of warning. i still can't believe people think with a milti million dollar lawsuit pending that business would continue to run as usual. seriously. make this a life lesson, if you see a notification of a lawsuit get your coin out and move out. your coin and dollar are not protected so don't have the naive belief that because a login page still exists you are safe to continue unaffected. they have enough hints over the last few days. This Not quite sure why the price is falling, surely you'd expect a rise if there is a mass exodus of BTC from Gox? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: franky1 on May 14, 2013, 08:03:59 PM best advise, if you have dollar in mtgox don't cash it out.. instead to buy coin and transfer the coin to a different exchange. many of us done this and never returned to mtgox as soon as the coinlab announcement came out ages back. you had plenty of warning. i still can't believe people think with a milti million dollar lawsuit pending that business would continue to run as usual. seriously. make this a life lesson, if you see a notification of a lawsuit get your coin out and move out. your coin and dollar are not protected so don't have the naive belief that because a login page still exists you are safe to continue unaffected. they have enough hints over the last few days. This Not quite sure why the price is falling, surely you'd expect a rise if there is a mass exodus of BTC from Gox? because the lemmings and sheep think its business as usual.. even now. the other reason is instead of having a order on the list for lets say $100-$110 creating a buy wall, they are cancelling the orders (making a weak/no buy wall) and eating from the top of the sell wall..(guys trying to exit) but there are still lemming and sheep trying to sell at top dollar. (keeping a sell wall in place) in the hope to buy coin in cheaper to make the price drop very easily due to lack of orders and trying to then buy coin at profit. the flips side is the fight against the lemmings trying to continue trading... the people just trying to get coin to run.. either way the price can sky rocket or plunge. and then the other sheep on btc-e and other exchanges that follow gox as their Master which will also affect the pricing on the other exchanges.. long story short, the next 24 hours of trading will be wild!!!! Title: Re: MtGox account in the USA has been seized by the DHS? Post by: uhoh on May 14, 2013, 08:05:19 PM No offense to any of the posters so far, but can anyone with rep confirm the wording of the email received?
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Aseras on May 14, 2013, 08:06:47 PM no point selling now if you can't cash out....
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: btbrae on May 14, 2013, 08:06:58 PM The price will go down because people are either panicking and withdrawing via wire, or sitting on the fence expecting a big move. A few people will buy & move their coins out quickly.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: wsoei on May 14, 2013, 08:07:16 PM People are posting bout the same thing on reddit:
http://www.reddit.com/r/Bitcoin/comments/1ebzru/dwolla_no_longer_allowed_to_do_business_with_mtgox/ Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Moxiebot on May 14, 2013, 08:07:28 PM So far we have two users with a handful of posts to their name posting the e-mail version with account seizure mentioned, and others posting different e-mails. I'm not convinced yet. Also, it's dwolla, not mt gox's bank accounts. I depends on what user was trying to doing.. I have gotten one of those emails too.. it's not Dwolla, it's certainly Mt. Gox. that got seized. My email was in responds to trying to get cash into Mt. Gox., thru Dwolla: As of 12:13 PM on 5/14/2013: Due to recent court orders by the Department of Homeland Security and U.S. District Court for the District of Maryland seizing the account of Mutum Sigillum LLC (“Mt. Gox”), Dwolla will be unable to complete your recent bank transfer to Mutum Sigillum LLC and any future transactions. Instead, this transaction will be routed to your Dwolla account on its scheduled arrival date and time. These funds will then be accessible to you. Dwolla is not party to this matter nor does it have any information or further insight into the situation. We strongly encourages those with questions to contact Mutum Sigillum LLC We will continue to assist our users to the fullest extent that the law and company resources will allow. Note: Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account. On behalf of Dwolla, we apologize for this inconvenience. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: becoin on May 14, 2013, 08:12:20 PM I guess this is the fallout from the Coinlab lawsuit? What does Department of Homeland Security has in common with the Coinlab lawsuit?Title: Re: MtGox account in the USA has been seized by the DHS? Post by: cypherdoc on May 14, 2013, 08:14:27 PM No offence to any of the posters so far, but can anyone with rep confirm the wording of the email received? i've had a long time Dwolla acct and i've not received any email... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: k3t3r on May 14, 2013, 08:15:23 PM do you not have data protection or information governance laws in the US? are organisations in the US allowed to breach data protection laws by broadcasting account holders business to other users in such a manner as these emails.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: relm9 on May 14, 2013, 08:17:40 PM I haven't received this email, and Dwolla withdrawl/despoit options are still available for me on Gox?
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: stochastic on May 14, 2013, 08:19:11 PM No offence to any of the posters so far, but can anyone with rep confirm the wording of the email received? i've had a long time Dwolla acct and i've not received any email... Looks like they only send to people that have recently done a withdrawal/deposit or are currently trying to do a withdrawal/deposit. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Gabi on May 14, 2013, 08:19:30 PM And that is why we need bitcoin, so random agencies can't wreak havoc in such way
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bit777 on May 14, 2013, 08:20:13 PM That is quite bad to hear. Mt.Gox have a US account through which they work with Dwolla. Apparently, that won't be an option anymore.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: jamesg on May 14, 2013, 08:23:14 PM FYI:
You can use https://bitpay.com (http://bit.ly/1806cv4) to cash out coins and have the USD sent you your bank account the next day for 0.99%. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: dexX7 on May 14, 2013, 08:25:23 PM Is there any legitimate proof outside of bitcointalk.org about this announcement?
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: franky1 on May 14, 2013, 08:31:50 PM Is there any legitimate proof outside of bitcointalk.org about this announcement? if you have a dwolla/mtgox account check your inbox, or find someone you do trust in the community that has not posted it on this forum and ask them Title: Re: MtGox account in the USA has been seized by the DHS? Post by: prophetx on May 14, 2013, 08:36:01 PM guys just transfer your btc to coinbase and it's in your US account in 3 days... i just did it last week, took like 3 minutes...
granted they have a 50 btc daily limit and 10 for unverified... but i' sure you high rollers have other methods anyway... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: dexX7 on May 14, 2013, 08:38:43 PM Sorry for the trouble. Received an confirmation from Dwolla on request for myself.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: grabble on May 14, 2013, 08:39:29 PM I call hoax. I think this is an organized attempt to seed panic. Until I see something posted officially from gox or dwolla on their official facebook or twitter account I call hoax.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: wopwop on May 14, 2013, 08:41:15 PM Why don't you test it now by sending/withdrawing 1 dollar if you don't believe it
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: deltanine on May 14, 2013, 08:42:23 PM I call hoax. I think this is an organized attempt to seed panic. Until I see something posted officially from gox or dwolla on their official facebook or twitter account I call hoax. If you have a Dwolla account try to transfer money to mt gox. You will see that this is no hoax. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: TraderTimm on May 14, 2013, 08:42:38 PM Dwolla's Blog has nothing yet:
http://blog.dwolla.com/ And their twatter either: https://twatter.com/dwolla I guess they like to keep that kind of news under wraps, if it is indeed happening at all. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: uhoh on May 14, 2013, 08:43:21 PM http://betabeat.com/2013/05/department-of-homeland-security-shuts-down-dwolla-payments-to-and-from-mt-gox/
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Cubic Earth on May 14, 2013, 08:45:19 PM Just got of the phone with Dwolla - no hoax people. Call them yourselves. I asked about a warrant number or court order number and the rep. told me she didn't have any of that info. But she did say that Dwolla has been asked to not do business with Mt.Gox and for the moment they are complying.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: grabble on May 14, 2013, 08:45:24 PM I call hoax. I think this is an organized attempt to seed panic. Until I see something posted officially from gox or dwolla on their official facebook or twitter account I call hoax. If you have a Dwolla account try to transfer money to mt gox. You will see that this is no hoax. It says the ID is unavailable. I'm starting to believe. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: furuknap on May 14, 2013, 08:46:37 PM ...then they fight you...
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: thekidcoin on May 14, 2013, 08:47:59 PM is it getting money into gox? or out of Gox? or both?
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CurbsideProphet on May 14, 2013, 08:48:36 PM Can a mod merge the two threads? I have a feeling this is going to be a long discussion as word continues to filter out.
I wonder if this is why volume has been so low on Gox for a while now. I wonder if the big money got tipped off and have been funneling out before this news hit? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: johnblaze on May 14, 2013, 08:48:52 PM Title: Re: MtGox account in the USA has been seized by the DHS? Post by: threeip on May 14, 2013, 08:49:10 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. I don't think you have met the US government! Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Moxiebot on May 14, 2013, 08:49:34 PM Both.
is it getting money into gox? or out of Gox? or both? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: wopwop on May 14, 2013, 08:49:50 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. I don't think you have met the US government! Title: Re: MtGox account in the USA has been seized by the DHS? Post by: deltanine on May 14, 2013, 08:50:19 PM is it getting money into gox? or out of Gox? or both? Both. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: thekidcoin on May 14, 2013, 08:51:07 PM Wonder what will happen to the $1000 USD I tried to transfer to dwolla... Really hope its not seized or anything.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: furuknap on May 14, 2013, 08:51:09 PM Don't have that at hand, it's just a general reference to the stages of introducing new ideas. Paraphrased somewhat inaccurately: first they ignore you, then they .b Edit: This may be of help: http://en.wikiquote.org/wiki/Mahatma_Gandhi although its source is disputed. Updated my paraphrasing to reflect. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: ionstorm on May 14, 2013, 08:56:22 PM This kind of shit is the reason we need bitcoin, can't wait until we are not reliant on banks..
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: threeip on May 14, 2013, 08:56:27 PM Don't have that at hand, it's just a general reference to the stages of introducing new ideas. Paraphrased somewhat inaccurately: first they ignore you, then they disbelieve you, then they fight you, then you win. .b Quote And, my friends, in this story you have a history of this entire movement. First they ignore you. Then they ridicule you. And then they attack you and want to burn you. And then they build monuments to you. And that, is what is going to happen to the Amalgamated Clothing Workers of America. -1918 US trade union address by Nicholas Klein (and others) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bujiraso on May 14, 2013, 08:57:46 PM This.... is frightening.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: stochastic on May 14, 2013, 08:58:19 PM Don't have that at hand, it's just a general reference to the stages of introducing new ideas. Paraphrased somewhat inaccurately: first they ignore you, then they .b Edit: This may be of help: http://en.wikiquote.org/wiki/Mahatma_Gandhi although its source is disputed. Updated my paraphrasing to reflect. http://vancouver.mediacoop.ca/sites/mediacoop.ca/files2/mc/imagecache/bigimg/gandhi_is_dead.gif Title: Re: MtGox account in the USA has been seized by the DHS? Post by: furuknap on May 14, 2013, 09:00:09 PM This.... is frightening. Why? Bitcoin is bound to get some kind of government response before it can truly take over the world and this may very well be the start of something like that. This is about as frightening as losing your first teeth; nothing but growing pains that will go away after a while. .b Title: Re: MtGox account in the USA has been seized by the DHS? Post by: str4wm4n on May 14, 2013, 09:00:43 PM At least I can still cash out in metal!
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: mc_lovin on May 14, 2013, 09:02:38 PM You could buy Bitcoins with your MTGOXUSD and send to other exchanges with withdrawal methods to your liking.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: anexsia on May 14, 2013, 09:04:15 PM This.... is frightening. Why? Bitcoin is bound to get some kind of government response before it can truly take over the world and this may very well be the start of something like that. This is about as frightening as losing your first teeth; nothing but growing pains that will go away after a while. .b I'm sure others thought that same thing right before the U.S. government crushed them. ;) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: myself on May 14, 2013, 09:04:43 PM 2011 thread https://bitcointalk.org/index.php?topic=13547.0
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: crazy_rabbit on May 14, 2013, 09:08:10 PM 2011 thread https://bitcointalk.org/index.php?topic=13547.0 Lets hope that Gox has been playing by the rules in all jurisdictions. It would really suck if it turns out that they haven't. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: gabbynot on May 14, 2013, 09:10:34 PM 2011 thread https://bitcointalk.org/index.php?topic=13547.0 Lets hope that Gox has been playing by the rules in all jurisdictions. It would really suck if it turns out that they haven't. I doubt they've followed all of the DHS' Double Secret Probation rules. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: BalkanBoy on May 14, 2013, 09:12:29 PM Did you add the "seizing" wording to your email or is everyone else getting a different email? Only thing I did with the email is remove my name. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: dhenson on May 14, 2013, 09:13:02 PM I'm actually quite impressed at the price recovery. We're already back up to $115.40 after a massive 50k sell off. 2 weeks ago this would have dipped the price of BTC under $90.
Thank you panic sellers, I've been waiting for a good time to pick up some more coins. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: wopwop on May 14, 2013, 09:14:39 PM I'm actually quite impressed at the price recovery. We're already back up to $115.40 after a massive 50k sell off. 2 weeks ago this would have dipped the price of BTC under $90. you wouldnt buy at 119 but did at 115?Thank you panic sellers, I've been waiting for a good time to pick up some more coins. loléd Title: Re: MtGox account in the USA has been seized by the DHS? Post by: The-Real-Link on May 14, 2013, 09:15:30 PM Wow yeah I see a dip, looked again, and we're back up.
Glad I pulled my coins off Gox but they + Dwolla had been my preferred method for transfer since it was so easy and fast. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: furuknap on May 14, 2013, 09:18:56 PM This.... is frightening. Why? Bitcoin is bound to get some kind of government response before it can truly take over the world and this may very well be the start of something like that. This is about as frightening as losing your first teeth; nothing but growing pains that will go away after a while. .b I'm sure others thought that same thing right before the U.S. government crushed them. ;) I don't know, I'm more concerned with Angelina Jolie's breasts at the moment. This will blow over. The world as we know it will be here tomorrow. .b Title: Re: MtGox account in the USA has been seized by the DHS? Post by: tom_o on May 14, 2013, 09:22:29 PM Could be FUD. DHS daily report: nothing mentioned!
http://www.dhs.gov/sites/default/files/publications/nppd/ip/daily-report/dhs-daily-report-2013-05-14.pdf Title: Re: MtGox account in the USA has been seized by the DHS? Post by: wopwop on May 14, 2013, 09:25:21 PM Not a top story
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: myself on May 14, 2013, 09:25:28 PM Could be FUD. DHS daily report: nothing mentioned! http://www.dhs.gov/sites/default/files/publications/nppd/ip/daily-report/dhs-daily-report-2013-04-01.pdfhttp://www.dhs.gov/sites/default/files/publications/nppd/ip/daily-report/dhs-daily-report-2013-05-14.pdf the only mention Title: Re: MtGox account in the USA has been seized by the DHS? Post by: LorenzoMoney on May 14, 2013, 09:28:01 PM At 5:12 PM EST, I called Dwolla customer support. The young woman who answered the phone was very polite but said that there was a court order and she was not able to provide any further information.
The question is how will this affect trading? If it becomes harder to fund an online trading account, it will mean that prices will either drop, or will just become very stagnant. I guess, for me, this means using CampBX. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: sturle on May 14, 2013, 09:28:39 PM I don't know, I'm more concerned with Angelina Jolie's breasts at the moment. +1 ;DThis is just an annoyance. There are so many other ways to move money in and out of MtGox. Let's focus on more important news. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rassah on May 14, 2013, 09:34:31 PM At 5:12 PM EST, I called Dwolla customer support. The young woman who answered the phone was very polite but said that there was a court order and she was not able to provide any further information. I wonder if this is DHS wanting to file charges against MtGox, or wanting to collect info and file charges against specific bitcoiners? :-[ The words "U.S. District Court for the District of Maryland" are in there. I'm from Maryland. Just want to say I had nothing to do with this, and there are a couple of other bitcoiners living here, though none that could spark this that I could think of.' God, I hope they're not after my Prius >:( Title: Re: MtGox account in the USA has been seized by the DHS? Post by: conspirosphere.tk on May 14, 2013, 09:35:04 PM This is just an annoyance. There are so many other ways to move money in and out of MtGox. ...until "they" stop them all with a few court orders. And just the day I sent some BTC to Gox for sale for the first time in my life... :( We are freaking doomed (TM The Mogambo Guru) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bbit on May 14, 2013, 09:36:39 PM uh oh!
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: itsgoldbaby on May 14, 2013, 09:36:58 PM Seems to me that one of the CoinLab investors has some serious pull with DHS.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Its About Sharing on May 14, 2013, 09:38:40 PM Seems to me that one of the CoinLab investors has some serious pull with DHS. Now that would be cutting off your nose to spite your face ^2... Something doesn't make sense here. Wonder what the real story is... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: uhoh on May 14, 2013, 09:38:52 PM Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on May 14, 2013, 09:42:25 PM wait a fucking moment. I must be insane.
So, Dwolla tells you they can't transfer your money to mtgox, but if you want your money back you should ask mtgox for it, when mtgox didn't even got the funds in the first place? Really? ??? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bbit on May 14, 2013, 09:43:26 PM ..... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: w8ks6 on May 14, 2013, 09:43:42 PM I think this is good news! Let's get this party started! I hope they close all legal ways to trade for fiat.
Maybe then we'll finally be rid of speculators who are only in bitcoin to make fiat and cash out. Maybe it will bring more people who are willing to buy and sell goods and services for Bitcoin, rather than converting it to fiat as soon as they get it. Maybe not; it's time we find out though. There are plenty other ways for us to value bitcoin, such as against gold and silver, other cryptocurrencies, digital gold currencies, or any other commodity and real asset. I think this is the way to finally make bitcoin a currency, rather than just use it as a fiat payment system. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: LiveJay on May 14, 2013, 09:46:05 PM I confirmed the email with Dwolla support:
Code: Dwolla Support Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Kluge on May 14, 2013, 09:50:07 PM I think this is good news! Let's get this party started! I hope they close all legal ways to trade for fiat. YEAH! Finally, we can move past Bitcoin as a fiat payment system and go back to our roots... Bitcoin as a drug payment system! No more online cash shit, just go to your local pusher and buy some online tokens to hit up SR for anything the dealer doesn't carry. Maybe the dealer can even get a referral bonus!Maybe then we'll finally be rid of speculators who are only in bitcoin to make fiat and cash out. Maybe it will bring more people who are willing to buy and sell goods and services for Bitcoin, rather than converting it to fiat as soon as they get it. Maybe not; it's time we find out though. There are plenty other ways for us to value bitcoin, such as against gold and silver, other cryptocurrencies, digital gold currencies, or any other commodity and real asset. I think this is the way to finally make bitcoin a currency, rather than just use it as a fiat payment system. (I'm just mad that I've been increasing my long positions for the past couple weeks) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CasinoBit on May 14, 2013, 09:57:30 PM Seems that the only way to have a decentralized cryptocurrency is to have decentralized authority, one day you will be able to go down to the street and grab yourself a Bagel and some BTC. Of course by then transferring BTC will be a thousand times more convenient, the gullible masses are easily manipulated so they can make up more excuses to make the currency illegal, however I see no way of them winning in this in the end.
I remember the times that when they threatened that they will make guns illegal in the USA people claimed that the gov would have to take the guns out of their cold dead hands, some even said that it would happen. Today after a series of massacres by individuals completely blitzed out of their mind by psychiatric medication people seem to all oppose legal guns in a single voice, not only that but you are portrayed as a baby-killing-traitor if you want to protect your family. Soon you will be labeled a terrorist-supporting-traitor if you want financial independence. This much http://i44.tinypic.com/2enm7uu.jpg Title: Re: MtGox account in the USA has been seized by the DHS? Post by: AMuppInTime on May 14, 2013, 09:59:05 PM This is another assault on Bitcoin. The war has not yet started, if you aren't ready for it, get out the line of fire.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: stevegee58 on May 14, 2013, 10:02:28 PM I'm predicting that the official word will be that this is to stop terrorists. That's the catchphrase everyone uses now to rally support. Heck, even Syria's Assad calls his rebels terrorists for the same purpose.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on May 14, 2013, 10:04:34 PM first they ignore you...
we're on the fighting part now. shit just got real. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: tclo on May 14, 2013, 10:05:43 PM You could buy Bitcoins with your MTGOXUSD and send to other exchanges with withdrawal methods to your liking. That's what I did earlier. I don't trust Gox at the moment with the lawsuit and this nonsense. It is probably ok but just little downside to transferring cash out of there for now. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Elwar on May 14, 2013, 10:06:12 PM I do not really care much about getting dollars from MtGox. But I mainly use MtGox to transfer my government currency to bitcoins. They have been the cheapest, 25 cents for Dwolla plus .5% at MtGox.
Has CoinBase gotten their act together to allow for larger purchases? Transferring $1 out of MtGox to Dwolla to test this out btw. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CasinoBit on May 14, 2013, 10:09:09 PM I'm predicting that the official word will be that this is to stop terrorists. That's the catchphrase everyone uses now to rally support. Heck, even Syria's Assad calls his rebels terrorists for the same purpose. Call me an aluminium hat wearing cray cray individual but just wait until a terrorist attack or kidnapping happens and they surprisingly find out a tie to BTC... Israel has already claimed that Bitcoin is related to terrorism and painted it in propoganda, guess some countries are getting a head start ;D Business: Virtual terror finance (http://www.jpost.com/Features/Front-Lines/Business-Virtual-terror-finance-310318) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CurbsideProphet on May 14, 2013, 10:12:06 PM I do not really care much about getting dollars from MtGox. But I mainly use MtGox to transfer my government currency to bitcoins. They have been the cheapest, 25 cents for Dwolla plus .5% at MtGox. Has CoinBase gotten their act together to allow for larger purchases? Transferring $1 out of MtGox to Dwolla to test this out btw. The max limit is still 50BTC per day. It used to be 100BTC before the price rise. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Its About Sharing on May 14, 2013, 10:17:29 PM DHS mostly takes down sports streaming websites (terrorist hangout). ::)
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: ffssixtynine on May 14, 2013, 10:17:46 PM I think this is good news! Let's get this party started! I hope they close all legal ways to trade for fiat. Maybe then we'll finally be rid of speculators who are only in bitcoin to make fiat and cash out. Maybe it will bring more people who are willing to buy and sell goods and services for Bitcoin, rather than converting it to fiat as soon as they get it. Clearly you aren't an on-line merchant! No chance we'd support Bitcoin if we couldn't convert to fiat and the same will go for almost everyone out there. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on May 14, 2013, 10:19:17 PM I do not really care much about getting dollars from MtGox. But I mainly use MtGox to transfer my government currency to bitcoins. They have been the cheapest, 25 cents for Dwolla plus .5% at MtGox. Has CoinBase gotten their act together to allow for larger purchases? Transferring $1 out of MtGox to Dwolla to test this out btw. The max limit is still 50BTC per day. It used to be 100BTC before the price rise. send them to my account. I can withdraw 1000 BTC per day. ;D It's wonderful not being an americunt. lol Title: Re: MtGox account in the USA has been seized by the DHS? Post by: mccorvic on May 14, 2013, 10:22:58 PM Has CoinBase gotten their act together to allow for larger purchases? No-ish. I was using them regularly and then, when the price crashed to 60 or whatever a month ago I bought a fairly large sum and Coinbase decided I was all of a sudden a fraud risk for no raisin. Made me miss out on real cheap coins :( Title: Re: MtGox account in the USA has been seized by the DHS? Post by: WhitePhantom on May 14, 2013, 10:27:08 PM I do not really care much about getting dollars from MtGox. But I mainly use MtGox to transfer my government currency to bitcoins. They have been the cheapest, 25 cents for Dwolla plus .5% at MtGox. Has CoinBase gotten their act together to allow for larger purchases? Transferring $1 out of MtGox to Dwolla to test this out btw. The max limit is still 50BTC per day. It used to be 100BTC before the price rise. send them to my account. I can withdraw 1000 BTC per day. ;D It's wonderful not being an americunt. lol I'm American (F U btw) and my BTC withdrawal limit has been set to 1000 BTC/day since my Gox account was verified 6 months ago. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CasinoBit on May 14, 2013, 10:27:30 PM Has CoinBase gotten their act together to allow for larger purchases? No-ish. I was using them regularly and then, when the price crashed to 60 or whatever a month ago I bought a fairly large sum and Coinbase decided I was all of a sudden a fraud risk for no raisin. Made me miss out on real cheap coins :( What some exchanges will do is gamble with the bitcoins of their customers, if the price would go down they would be more than willing to give you the coins. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: btbrae on May 14, 2013, 10:28:06 PM ... I bought a fairly large sum and Coinbase decided I was all of a sudden a fraud risk for no raisin. What does that have to do with currant affairs? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: uhoh on May 14, 2013, 10:31:59 PM ... I bought a fairly large sum and Coinbase decided I was all of a sudden a fraud risk for no raisin. What does that have to do with currant affairs? "Well that settles it, btbrae gets the award for the best off-the-cuff response" Title: Re: MtGox account in the USA has been seized by the DHS? Post by: toffoo on May 14, 2013, 10:36:13 PM I just received an email from Dwolla, which is strange because I've had no MtGox<->Dwolla transfers pending or completed for quite some time:
Quote An incoming money transfer has been cancelled A pending incoming transfer from Mutum Sigillum LLC (Dwolla account ID # xxx-xxx-xxxx) was cancelled. To view your latest account activity please log in at https://www.dwolla.com. Thanks, Team Dwolla So I looked into this, and sure enough I have a withdrawal from Mt.Gox of $20 from April, 2012 that is now listed as "cancelled". And my current Dwolla balance now shows $-19.75 The even stranger part is that I've had plenty of other Mt.Gox->Dwolla withdrawals for much more money and much more recent that haven't been altered. So WTF Dwolla, are you now retroactively canceling our cleared payments from over 1 year ago (ala "Tradehill")?? Seriously? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: proudhon on May 14, 2013, 10:37:19 PM If only there were a way to move value around without the threat of it getting seized by a third party. Somebody should invent something.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Klestin on May 14, 2013, 10:39:02 PM What does that have to do with currant affairs? I think it's salent./OK, I had to pick a French word to play, but what the hell Title: Re: MtGox account in the USA has been seized by the DHS? Post by: uhoh on May 14, 2013, 10:39:13 PM STILL no response from MtGox on the issue, despite people berating them on FB and twitter
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on May 14, 2013, 10:41:52 PM I do not really care much about getting dollars from MtGox. But I mainly use MtGox to transfer my government currency to bitcoins. They have been the cheapest, 25 cents for Dwolla plus .5% at MtGox. Has CoinBase gotten their act together to allow for larger purchases? Transferring $1 out of MtGox to Dwolla to test this out btw. The max limit is still 50BTC per day. It used to be 100BTC before the price rise. send them to my account. I can withdraw 1000 BTC per day. ;D It's wonderful not being an americunt. lol I'm American (F U btw) and my BTC withdrawal limit has been set to 1000 BTC/day since my Gox account was verified 6 months ago. DIE AMERICUNT! Title: Re: MtGox account in the USA has been seized by the DHS? Post by: glendall on May 14, 2013, 10:46:50 PM I'm predicting that the official word will be that this is to stop terrorists. That's the catchphrase everyone uses now to rally support. Heck, even Syria's Assad calls his rebels terrorists for the same purpose. Call me an aluminium hat wearing cray cray individual but just wait until a terrorist attack or kidnapping happens and they surprisingly find out a tie to BTC... Israel has already claimed that Bitcoin is related to terrorism and painted it in propoganda, guess some countries are getting a head start ;D Business: Virtual terror finance (http://www.jpost.com/Features/Front-Lines/Business-Virtual-terror-finance-310318) Well pretty much anything that goes against the corporate interests that dictate policy to the US gov is 'terrorism'. I always expected BTC to be tied to the blood-drinking terrorists boogeymen at some point, because banks don't want to loose their monopoly on currency. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: nebulus on May 14, 2013, 10:48:46 PM So WTF Dwolla, are you now retroactively canceling our cleared payments from over 1 year ago (ala "Tradehill")?? Hahaha... seems like someone is trying to win some time here... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: mgio on May 14, 2013, 10:51:22 PM I'm really shock bitcoin price hasn't crashed with this news. $119 to $114 isn't really a crash.
I wonder if we will see a slow decline over the next few days as this gets reported in the news. This could be very bad for bitcoin if it is a sign that the US govt is cracking down. If they manage to shut down the exchanges or prevent anyone from sending US dollars to them, if could effectively kill bitcoin. And no, I don't think bitcoin can survive as a currency that exists everywhere but the US. This is scary and I'm surprised the market has not reflected this yet. Hopefully this was because of some misuse of MtGox's dwolla account when it comes to AML regulations and not a sign of things to come. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: proudhon on May 14, 2013, 10:54:06 PM I'm really shock bitcoin price hasn't crashed with this news. $119 to $114 isn't really a crash. I wonder if we will see a slow decline over the next few days as this gets reported in the news. This could be very bad for bitcoin if it is a sign that the US govt is cracking down. If they manage to shut down the exchanges or prevent anyone from sending US dollars to them, if could effectively kill bitcoin. And no, I don't think bitcoin can survive as a currency that exists everywhere but the US. This is scary and I'm surprised the market has not reflected this yet. Hopefully this was because of some misuse of MtGox's dwolla account when it comes to AML regulations and not a sign of things to come. On the other hand, it could highlight exactly why bitcoin is useful by showcasing how it's possible, against the wishes of a government, to nearly instantly transfer value around the world without the realistic possibility of the funds getting seized. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: w8ks6 on May 14, 2013, 10:56:37 PM Clearly you aren't an on-line merchant! No chance we'd support Bitcoin if we couldn't convert to fiat and the same will go for almost everyone out there. Cool. Free country. (Well, not really free, but we all already knew that deep down.)If Bitcoin without fiat is only useful for buying drugs and occasional 10k pizzas, I think it's best we find that out now. No need to waste time. I bet it's useful for more than that though. Let's see. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: tclo on May 14, 2013, 10:58:36 PM Clearly you aren't an on-line merchant! No chance we'd support Bitcoin if we couldn't convert to fiat and the same will go for almost everyone out there. Cool. Free country. (Well, not really free, but we all already knew that deep down.)If Bitcoin without fiat is only useful for buying drugs and occasional 10k pizzas, I think it's best we find that out now. No need to waste time. I bet it's useful for more than that though. Let's see. But you need to get your fiat converted to bitcoin to begin with. Unless you want Bitcoin to only be for the miners or only for people who sell things to people who have bitcoin. In that case it is massive FAIL for bitcoin for anything but a very small niche market. Of course that is what is inevitable because the big Banks will make this happen but it's definitely not a good thing. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Kluge on May 14, 2013, 10:59:31 PM I'm really shock bitcoin price hasn't crashed with this news. $119 to $114 isn't really a crash. There aren't many people using Bitcoins who aren't nerds, and we know there are many alternatives to Gox and Dwolla. I used Dwolla because it's cheap, but the Gox % fee actually makes it slower and more expensive than a wire to BFX in many cases. If they start going into exchanges' bank accounts, we go back to p2p trades, but until we know what DHS is charging, there's not reason to assume they'll go after other exchanges just because Bitcoin.I wonder if we will see a slow decline over the next few days as this gets reported in the news. This could be very bad for bitcoin if it is a sign that the US govt is cracking down. If they manage to shut down the exchanges or prevent anyone from sending US dollars to them, if could effectively kill bitcoin. And no, I don't think bitcoin can survive as a currency that exists everywhere but the US. This is scary and I'm surprised the market has not reflected this yet. Hopefully this was because of some misuse of MtGox's dwolla account when it comes to AML regulations and not a sign of things to come. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: wsoei on May 14, 2013, 11:06:00 PM "REPORT: Department Of Homeland Security Prevents Payment Provider From Transferring Money To Bitcoin Exchange"
http://www.businessinsider.com/dwolla-mt-gox-2013-5 Title: Re: MtGox account in the USA has been seized by the DHS? Post by: w8ks6 on May 14, 2013, 11:08:06 PM But you need to get your fiat converted to bitcoin to begin with. Unless you want Bitcoin to only be for the miners or only for people who sell things to people who have bitcoin. In that case it is massive FAIL for bitcoin for anything but a very small niche market. Of course that is what is inevitable because the big Banks will make this happen but it's definitely not a good thing. That's the point: if the banks will make this happen anyway, no need to continue deluding ourselves.I think it will not be a massive fail, but the exchange rate will be set against real assets, as it was in the 10k-pizza days, or whatever being sold on Bitmit and such. More than half the Bitcoins are already out there. So, it's not only the miners that can spend them. If you have goods or services that I want, I'll pay for them with Bitcoin, even though I am not a miner. So, it might just take more time for bitcoins to spread around, but I think it won't be the massive fail you predict. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: leopard2 on May 14, 2013, 11:46:14 PM What the heck is Dwolla? For retards that cannot fill in a wire transfer form?
In theory BTC could work without any fiat conversion at all, all that would be required is a published conversion rate, which merchants all over the world could use, to convert their fiat prices into BTC and accept it. Somewhere in between is BTC marketplaces that just bring buyers and sellers together; then what? Will the DHS seize every bank account on the planet? Wire transfers are peer-to-peer too. Go, retards, panic sell. ::) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Klestin on May 14, 2013, 11:47:34 PM What the heck is Dwolla? For retards that cannot fill in a wire transfer form? Retards are those who don't want to pay expensive wire transfer fees?Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on May 14, 2013, 11:50:18 PM What the heck is Dwolla? For retards that cannot fill in a wire transfer form? Retards are those who don't want to pay expensive wire transfer fees?Retards are the ones who continue using a company after said company declared themselves to be against everything BTC represents. That was what, 1 and a half year ago already? ??? donkeys will be donkeys, I guess... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: leopard2 on May 14, 2013, 11:53:10 PM What the heck is Dwolla? For retards that cannot fill in a wire transfer form? Retards are those who don't want to pay expensive wire transfer fees?Just find a bank that is cheaper, and transfer larger amounts - the fee is normally the same for $10 or $500. BTC is like a foreign currency; and you would not buy $10 worth of Euros or whatever from a bank, would you? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: LightRider on May 14, 2013, 11:56:11 PM Hopefully wikileaks will do its thing and let us all know what really happened very soon.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: papaminer on May 14, 2013, 11:57:40 PM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. Maybe the email is badly worded TELL THAT TO MEGAUPLOADS ATTORNEY Title: Re: MtGox account in the USA has been seized by the DHS? Post by: SamS on May 14, 2013, 11:59:17 PM Well, the Winklevii have plenty more where that came from... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: joesmoe2012 on May 15, 2013, 12:00:37 AM MtGox is outside the jurisdiction of the US government, they can't seize their accounts or anything of theirs at all. Maybe the email is badly worded TELL THAT TO MEGAUPLOADS ATTORNEY Title: Re: MtGox account in the USA has been seized by the DHS? Post by: marcus_of_augustus on May 15, 2013, 12:13:23 AM If only there were a way to move value around without the threat of it getting seized by a third party. Somebody should invent something. This ^^ ;D Title: Re: MtGox account in the USA has been seized by the DHS? Post by: leopard2 on May 15, 2013, 12:16:41 AM Look I don't know what to say :-\
I have had coworkers going for Mtgox because "they are the largest" ::) When I saw their statement about putting customers through AML hell, when they access their website via a proxy, that is all I needed to know. Then to make things worse, people use extra intermediaries, for a PEER TO PEER bitcoin!?! Dwolla, Paypal, and whatnot? If only 10% of Mtgox customers would trade on localbitcoins, this would not have happened. At the moment Gox is 80% and spreads on localbitcoins are awful, but that can change. Sure exchanges are comfortable but they are completely unnecessary; all that is required is real people with bank accounts and BTC wallets. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: marcus_of_augustus on May 15, 2013, 12:16:46 AM I'm really shock bitcoin price hasn't crashed with this news. $119 to $114 isn't really a crash. I wonder if we will see a slow decline over the next few days as this gets reported in the news. No think this through a little ... if people can't get their US Dollars out of Mt. Gox via Dwolla what can they do?? Well they can buy BTC and move them out of Gox .... net result BTC demand, USD supply .... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: nikkisnowe on May 15, 2013, 12:23:22 AM “First they ignore you, then they laugh at you, then they fight you, then you win.” ~ Mahatma Gandhi ~
I guess we have now moved to phase 3. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: mobile4ever on May 15, 2013, 12:30:16 AM Well to be fair the bank system doesn't exactly like Dwolla either, so it's double whammy. They use a credit union, I believe, something owned by the people, not a banker. Its like a Co-op. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: leopard2 on May 15, 2013, 12:31:18 AM I'm really shock bitcoin price hasn't crashed with this news. $119 to $114 isn't really a crash. I wonder if we will see a slow decline over the next few days as this gets reported in the news. No think this through a little ... if people can't get their US Dollars out of Mt. Gox via Dwolla what can they do?? Well they can buy BTC and move them out of Gox .... net result BTC demand, USD supply .... Excellent. Nothing would be better for long term BTC future than an outage of Mtgox. After awhile people would find out, hey, it works without them... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: TsuyokuNaritai on May 15, 2013, 12:31:41 AM Here's Mt Gox's statement from a few minutes ago. The wall observer thread is too distracted by a girlie picture right now to comment so I'll get your opinion instead. :)
Quote Statement Regarding Dwolla: Like many who have contacted us, MtGox has read on the Internet that the United States Department of Homeland Security had a court order and/or warrant issued from the United States District Court in Maryland which it served upon the Dwolla mobile payment service with respect to accounts used for trading with MtGox. We take this information seriously. However, as of this time we have not been provided with a copy of the court order and/or warrant, and do not know its scope and/or the reasons for its issuance. MtGox is investigating and will provide further reports when additional information becomes known. https://www.facebook.com/MtGox/posts/468895216528224 (https://www.facebook.com/MtGox/posts/468895216528224) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on May 15, 2013, 12:33:24 AM What the heck is Dwolla? For retards that cannot fill in a wire transfer form? Retards are those who don't want to pay expensive wire transfer fees?Retards are the ones who continue using a company after said company declared themselves to be against everything BTC represents. That was what, 1 and a half year ago already? ??? donkeys will be donkeys, I guess... For once I agree with you! Wassup Psy? ~BCX~ I talk about donkeys and here you are! WB BTCX ;) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: jubalix on May 15, 2013, 12:39:22 AM 2011 thread https://bitcointalk.org/index.php?topic=13547.0 Lets hope that Gox has been playing by the rules in all jurisdictions. It would really suck if it turns out that they haven't. it doesn't work this way, they always have rules and ways of interpreting them to find you did not comply Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CompNsci on May 15, 2013, 12:46:34 AM One maxim to keep in mind - never assume malice when incompetence will suffice as an explanation.
If Mt. Gox has been responding to inquiries from DHS like apparently deal with the business partners and customers, it could be the DHS decided they just need to grab the account and get this straightened out. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: 503guy on May 15, 2013, 12:50:27 AM I have funds that are "stuck", sent money from Mt. Gox to Dwolla this afternoon. Balance is gone from Mt. Gox but obviously isn't in Dwolla -- hopefully Mt. Gox credits my account back the withdrawal that never happened.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: kendog77 on May 15, 2013, 12:53:25 AM Bye bye Mt Gox and Dwolla, hello Coinbase!
BTW, is Coinbase any good? :) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: gmaxwell on May 15, 2013, 12:56:20 AM Next person to talk to dwolla, ask them for a case number. It should be listed on the top of the seizure warrant. If for some reason they can't/won't provide that, try to get the name of the certifying judge that signed it.
I'd call them myself but I'm not a dwolla customer. I can find nothing showing in pacer on the docket for this. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: kjlimo on May 15, 2013, 12:59:15 AM Look I don't know what to say :-\ I have had coworkers going for Mtgox because "they are the largest" ::) When I saw their statement about putting customers through AML hell, when they access their website via a proxy, that is all I needed to know. Then to make things worse, people use extra intermediaries, for a PEER TO PEER bitcoin!?! Dwolla, Paypal, and whatnot? If only 10% of Mtgox customers would trade on localbitcoins, this would not have happened. At the moment Gox is 80% and spreads on localbitcoins are awful, but that can change. Sure exchanges are comfortable but they are completely unnecessary; all that is required is real people with bank accounts and BTC wallets. any money service business licenses??? That I cannot afford... unless of course you're just assuming all the people selling bitcoins in the US are ok with breaking the law... which may be accurate, but not for me. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: svenp on May 15, 2013, 01:01:50 AM Next person to talk to dwolla, ask them for a case number. It should be listed on the top of the seizure warrant. If for some reason they can't/won't provide that, try to get the name of the certifying judge that signed it. I'd call them myself but I'm not a dwolla customer. I can find nothing showing in pacer on the docket for this. Well, what sort of DHS action would not show a public record in PACER? Hmmm? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: kjlimo on May 15, 2013, 01:02:37 AM What the heck is Dwolla? For retards that cannot fill in a wire transfer form? Retards are those who don't want to pay expensive wire transfer fees?Just find a bank that is cheaper, and transfer larger amounts - the fee is normally the same for $10 or $500. BTC is like a foreign currency; and you would not buy $10 worth of Euros or whatever from a bank, would you? I would buy $10 worth of Euros... I don't have to buy massive quantities. My bank charges a percentage which is built into the exchange rate and is very small. you must be new here, cuz this is the second post I've found where you sound misguided... do some homework... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: kjlimo on May 15, 2013, 01:03:15 AM Next person to talk to dwolla, ask them for a case number. It should be listed on the top of the seizure warrant. If for some reason they can't/won't provide that, try to get the name of the certifying judge that signed it. I'd call them myself but I'm not a dwolla customer. I can find nothing showing in pacer on the docket for this. Well, what sort of DHS action would not show a public record in PACER? Hmmm? Sorry, don't know... care to clarify? Or do you not know? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: alyssa85 on May 15, 2013, 01:16:11 AM This kind of shit is the reason we need bitcoin, can't wait until we are not reliant on banks.. Well, strictly speaking we're not reliant on banks. You only make yourself reliant on banks if you insist on trading back and forth into fiat. If people just stayed in bitcoin world once they accrued their coins, there wouldn't be any problem. Now that you can buy stuff using bitpay and gyff, is there any real need to switch into dollars or any other currency at all? This only affects the speculators and currency traders - they just can't resist going back into their old world... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Herodes on May 15, 2013, 01:29:41 AM Just got of the phone with Dwolla - no hoax people. Call them yourselves. I asked about a warrant number or court order number and the rep. told me she didn't have any of that info. But she did say that Dwolla has been asked to not do business with Mt.Gox and for the moment they are complying. What would be too funny was if Dwolla got scared shitless (not double checking with DHS) by some suits serving the order, and it all turns out to be a hoax. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Herodes on May 15, 2013, 01:36:02 AM I'm predicting that the official word will be that this is to stop terrorists. That's the catchphrase everyone uses now to rally support. Heck, even Syria's Assad calls his rebels terrorists for the same purpose. Call me an aluminium hat wearing cray cray individual but just wait until a terrorist attack or kidnapping happens and they surprisingly find out a tie to BTC... Israel has already claimed that Bitcoin is related to terrorism and painted it in propoganda, guess some countries are getting a head start ;D Business: Virtual terror finance (http://www.jpost.com/Features/Front-Lines/Business-Virtual-terror-finance-310318) Yes - and terrorism never happened before Bitcoin.. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: CurbsideProphet on May 15, 2013, 01:49:02 AM Bye bye Mt Gox and Dwolla, hello Coinbase! BTW, is Coinbase any good? :) I haven't had any issues with them. The only thing is it takes a long time to get your coins. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: rm187 on May 15, 2013, 01:49:37 AM I have funds that are "stuck", sent money from Mt. Gox to Dwolla this afternoon. Balance is gone from Mt. Gox but obviously isn't in Dwolla -- hopefully Mt. Gox credits my account back the withdrawal that never happened. Same, I have a few hundred in limbo. Really wish they would just credit my account back. They have to take the hit no matter what happens to my funds in limbo, so just give me my $$ back. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: marcus_of_augustus on May 15, 2013, 02:15:06 AM I have funds that are "stuck", sent money from Mt. Gox to Dwolla this afternoon. Balance is gone from Mt. Gox but obviously isn't in Dwolla -- hopefully Mt. Gox credits my account back the withdrawal that never happened. Same, I have a few hundred in limbo. Really wish they would just credit my account back. They have to take the hit no matter what happens to my funds in limbo, so just give me my $$ back. I have a feeling that you can probably kiss that money good-bye ... goes for anybody with anything in Dwolla Mutum Sigilium account transiting to/from Mt. Gox. Seizure warrants are to seize the alleged proceeds of crime before the "criminals" can have a chance to state their case in court. A sealed warrant and etc means they are going to go full "anti-terrorist" mode and do everything behind closed doors, secret courts, etc .... basically the money is gone, locked up in secret legal battles to infinity, which suits the Feds just fine. Did you think all the Libertarians were idiotic tinfoil-hatters crying wolf about the big bad out of control govt.? Just watch. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rassah on May 15, 2013, 02:15:30 AM If people just stayed in bitcoin world once they accrued their coins, there wouldn't be any problem. Now that you can buy stuff using bitpay and gyff, is there any real need to switch into dollars or any other currency at all? This only affects the speculators and currency traders - they just can't resist going back into their old world... You... uh... do realize that the ONLY reason BitPay and Gyft work is because they can convert bitcoins into fiat, right? Or are you just trolling? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: gmannn on May 15, 2013, 02:22:45 AM Next person to talk to dwolla, ask them for a case number. It should be listed on the top of the seizure warrant. If for some reason they can't/won't provide that, try to get the name of the certifying judge that signed it. I'd call them myself but I'm not a dwolla customer. I can find nothing showing in pacer on the docket for this. Well, what sort of DHS action would not show a public record in PACER? Hmmm? Is a seizure warrant difficult to forge? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Herodes on May 15, 2013, 02:25:28 AM Next person to talk to dwolla, ask them for a case number. It should be listed on the top of the seizure warrant. If for some reason they can't/won't provide that, try to get the name of the certifying judge that signed it. I'd call them myself but I'm not a dwolla customer. I can find nothing showing in pacer on the docket for this. Well, what sort of DHS action would not show a public record in PACER? Hmmm? Is a seizure warrant difficult to forge? I would think not - but anyone worth their salt, would check the ID's of the officer(s) servicing it, plus call DHS to confirm, and ofcourse have the approval of all board members (or some such) before it goes into effect. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: visionary on May 15, 2013, 02:29:40 AM bad news
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: TsuyokuNaritai on May 15, 2013, 02:35:54 AM It's not fake, DHS has confirmed:
http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/ (http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/) They may just be going after internet gambling rather than trying to kill bitcoin... http://calvinayre.com/2013/05/15/business/homeland-security-seize-bitcoin-linked-payment-processor-funds/ (http://calvinayre.com/2013/05/15/business/homeland-security-seize-bitcoin-linked-payment-processor-funds/) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Herodes on May 15, 2013, 02:54:06 AM It's not fake, DHS has confirmed: http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/ (http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/) They may just be going after internet gambling rather than trying to kill bitcoin... http://calvinayre.com/2013/05/15/business/homeland-security-seize-bitcoin-linked-payment-processor-funds/ (http://calvinayre.com/2013/05/15/business/homeland-security-seize-bitcoin-linked-payment-processor-funds/) http://asset0.cbsistatic.com/cnwk.1d/i/tim2/2013/05/14/ice_610x428.jpg Do you learn to make that kind of face while on the job, or is it one of the requirements for getting hired to such a position. I've tried to make this face in front of the mirror several times now, but every time I try, I burst out in laughter, perhaps I'm simply not cut out to be holding any high ranking important position! ;D Title: Re: MtGox account in the USA has been seized by the DHS? Post by: keatonatron on May 15, 2013, 03:29:52 AM Is a seizure warrant difficult to forge? Depends on if the person you're trying to scam has ever seen one before or not ;D I assume it'd be harder with a company, because people know they aren't personally at risk and would start making calls without panicking. If you showed up at someone's house at 10 pm with a bunch of uniformed officers and freaked them out, they might let you do whatever you wanted, just trying to not be taken to jail. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rassah on May 15, 2013, 03:50:32 AM Still feeling a little awkward that this is coming from an office 15 minutes away from my house... :P
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Kluge on May 15, 2013, 04:26:05 AM It's not fake, DHS has confirmed: http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/ (http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/) They may just be going after internet gambling rather than trying to kill bitcoin... http://calvinayre.com/2013/05/15/business/homeland-security-seize-bitcoin-linked-payment-processor-funds/ (http://calvinayre.com/2013/05/15/business/homeland-security-seize-bitcoin-linked-payment-processor-funds/) http://asset0.cbsistatic.com/cnwk.1d/i/tim2/2013/05/14/ice_610x428.jpg Do you learn to make that kind of face while on the job, or is it one of the requirements for getting hired to such a position. I've tried to make this face in front of the mirror several times now, but every time I try, I burst out in laughter, perhaps I'm simply not cut out to be holding any high ranking important position! ;D *Gox's Dwolla account **Don't jump down my throat! Title: Re: MtGox account in the USA has been seized by the DHS? Post by: joesmoe2012 on May 15, 2013, 04:30:43 AM They are gonna pull a bunch of interstate commerce tax laws out....
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: bassclef on May 15, 2013, 04:57:04 AM I have a feeling that you can probably kiss that money good-bye ... goes for anybody with anything in Dwolla Mutum Sigilium account transiting to/from Mt. Gox. Seizure warrants are to seize the alleged proceeds of crime before the "criminals" can have a chance to state their case in court. A sealed warrant and etc means they are going to go full "anti-terrorist" mode and do everything behind closed doors, secret courts, etc .... basically the money is gone, locked up in secret legal battles to infinity, which suits the Feds just fine. Did you think all the Libertarians were idiotic tinfoil-hatters crying wolf about the big bad out of control govt.? Just watch. Just to follow up on this, as I was worried about the same thing. My story begins when I transferred funds to Mt Gox's Dwolla account this morning (bad timing is an understatement). Two hours later I get the email from Dwolla about DHS. I'm thinking, "Oh shit, there goes my money, down the money hole, to fund a massive, bloated bureaucracy no less." A bit shaken up, I send a worried email to Gox. They respond within hours saying, "Yes, we realize what happened, we don't know anything yet, your patience is appreciated, blah blah." Now I'm making plans on how to break this to my wife, thinking I'm going to be living outside for awhile. Then the incredible happened. Just a few hours ago, I get an email saying my account has been funded for the full amount. Thank God. I buy some cheap coins and get them the hell out of there. I figure one of two things happened: I got lucky and the funds were transferred out in time, or Mt Gox is willing to take this one on the chin to keep existing customers. Thankfully my experience ended happily. I hope others have a similar experience. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: neofutur on May 15, 2013, 05:30:33 AM What the heck is Dwolla? For retards that cannot fill in a wire transfer form? Retards are those who don't want to pay expensive wire transfer fees?Retards are the ones who continue using a company after said company declared themselves to be against everything BTC represents. That was what, 1 and a half year ago already? ??? donkeys will be donkeys, I guess... they also killed tradehill in the process of adding sneaky chargebacks : http://www.americanbanker.com/issues/177_45/tradehill-dwolla-bitcoin-exchange-digital-currency-lawsuit-1047273-1.html see also their anti bitcoin TOS Title: Re: MtGox account in the USA has been seized by the DHS? Post by: ralree on May 15, 2013, 06:23:48 AM Regardless of what you think of the situation, this coupled with the lawsuit from Coinlab may mean some serious issues for Gox in the near future. It might be a good idea to play it safe and withdraw your funds from Gox either using an international wire transfer or just by buying bitcoins and transferring them to an address you control directly. May prevent tears at some point in the future - no reason to risk it.
Title: Re: MtGox account in the USA has been seized by the DHS? Post by: mp420 on May 15, 2013, 07:23:20 AM Regardless of what you think of the situation, this coupled with the lawsuit from Coinlab may mean some serious issues for Gox in the near future. It might be a good idea to play it safe and withdraw your funds from Gox either using an international wire transfer or just by buying bitcoins and transferring them to an address you control directly. May prevent tears at some point in the future - no reason to risk it. Only I still trust MtGox more than any other exchange and I kinda want to keep my fiat:btc ratio at the current level. I'm almost all fiat on MtGox. If any BTC business is "too big to fail" it's MtGox. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: lexico on May 15, 2013, 07:38:39 AM Only I still trust MtGox more than any other exchange and I kinda want to keep my fiat:btc ratio at the current level. I'm almost all fiat on MtGox. If any BTC business is "too big to fail" it's MtGox. lol. perhaps you should look up the definition of 'too big too fail' again. they can quit/stop/fail any time they want. Stop trusting exchanges. it doesn't make sense. I like what bitcoin.de is doing much more; they are not storing $$ or €€, its just a marketplace and you pay the other person directly. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rampion on May 15, 2013, 10:06:25 AM Well, so no other chance for Dwolla users than buying BTC with all their MtGox balance, to then transfer those BTC to their own wallets.
What has no meaning is to exchange BTC for fiat if you use Dwolla, that's for sure. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: box27 on May 15, 2013, 06:33:31 PM Stop trusting exchanges. it doesn't make sense. I like what bitcoin.de is doing much more; they are not storing $$ or €€, its just a marketplace and you pay the other person directly. That's far from a perfect system. It's a great site but we also want(not need) to trade in the the centralized places. Like an escrow where you don't have to directly deal with thousands of peoples bank accounts and don't have to be responsible for checking who you're dealing with. But WTF. I have never heard of anything like this. Like the DHS seized the Bank of America's or UBSs account. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: leopard2 on May 15, 2013, 07:05:04 PM Look I don't know what to say :-\ I have had coworkers going for Mtgox because "they are the largest" ::) When I saw their statement about putting customers through AML hell, when they access their website via a proxy, that is all I needed to know. Then to make things worse, people use extra intermediaries, for a PEER TO PEER bitcoin!?! Dwolla, Paypal, and whatnot? If only 10% of Mtgox customers would trade on localbitcoins, this would not have happened. At the moment Gox is 80% and spreads on localbitcoins are awful, but that can change. Sure exchanges are comfortable but they are completely unnecessary; all that is required is real people with bank accounts and BTC wallets. any money service business licenses??? That I cannot afford... unless of course you're just assuming all the people selling bitcoins in the US are ok with breaking the law... which may be accurate, but not for me. Now you sound misguided. So all people in the US buying or selling BTC from a private party are criminals? Over 1900 felons in your country, on localbitcoins alone? That's news to me. As long as you are not selling/buying for someone else that is fine. If you sell a $100 euro bill, or a silver coin, to your neighbor, is that illegal? Hm in the US anything is possible. ??? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: EskimoBob on May 15, 2013, 07:09:24 PM ... blah blah." Now I'm making plans on how to break this to my wife, thinking I'm going to be living outside for awhile.... WTF is wrong with men in USA? Who wears pants in your house? You or your wife? WTF! and now, back to the topic at hand... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rassah on May 15, 2013, 07:18:38 PM Now you sound misguided. So all people in the US buying or selling BTC from a private party are criminals? Over 1900 felons in your country, on localbitcoins alone? That's news to me. As long as you are not selling/buying for someone else that is fine. If you sell a $100 euro bill, or a silver coin, to your neighbor, is that illegal? Hm in the US anything is possible. ??? According to FinCEN thingy, if you buy and sell more than $1,000 a day without a license, yes, you are a criminal :P Title: Re: MtGox account in the USA has been seized by the DHS? Post by: leopard2 on May 15, 2013, 07:21:04 PM Really what is going on in the minds of DHS employees? They arrest students for jailbreaking game consoles, and stuff like that. "Homeland security" how cynical is that.
They must be paid really well, or how can you stand such a job when you know exactly that you are just a nuisance to everyone else. Their suicide and divorce rates must be enormous. ;D It is clear that this Dwolla guy made a mistake filling out a form, but what the heck has that to do with homeland security?!? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Rassah on May 15, 2013, 07:29:37 PM Really what is going on in the minds of DHS employees? They arrest students for jailbreaking game consoles, and stuff like that. "Homeland security" how cynical is that. They must be paid really well, or how can you stand such a job when you know exactly that you are just a nuisance to everyone else. Nah, they are control-hungry By the way, I've seen a few people thanking Obama for various crap here and there (regulations, IRS scandal, etc). Can we get a "Thank you Bush" for the DHS one? EDIT: Sorry, psychopath is not the correct term for this. I don't know which one is... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: joesmoe2012 on May 15, 2013, 07:40:43 PM Really what is going on in the minds of DHS employees? They arrest students for jailbreaking game consoles, and stuff like that. "Homeland security" how cynical is that. They must be paid really well, or how can you stand such a job when you know exactly that you are just a nuisance to everyone else. Their suicide and divorce rates must be enormous. ;D It is clear that this Dwolla guy made a mistake filling out a form, but what the heck has that to do with homeland security?!? I'm not so sure they did make a mistake on the form. They have high priced lawyers setting all this stuff up. Mtgox was licensed not the subsidy, so maybe it wasn't required to be a msb since the parent company was doing all the actual exchanges. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: sturle on May 15, 2013, 09:47:39 PM Really what is going on in the minds of DHS employees? Hard to know, because they are Special Agents. They went to special schools for special children, attend the Special Olympics, etc. They are not like the rest of us.Title: Re: MtGox account in the USA has been seized by the DHS? Post by: joesmoe2012 on May 15, 2013, 10:01:47 PM Really what is going on in the minds of DHS employees? Hard to know, because they are Special Agents. They went to special schools for special children, attend the Special Olympics, etc. They are not like the rest of us.Did they get to ride on the short bus?! My mother always told me i was special.... Title: Re: MtGox account in the USA has been seized by the DHS? Post by: firefop on May 17, 2013, 01:08:14 PM STILL no response from MtGox on the issue, despite people berating them on FB and twitter I had a gox > dwolla transfer in progress. I used the contact us section on mtgox - they were prompt in crediting the USD back to my gox account. Was a very small transfer however... Personally I'm still going to use gox for some small speculation - but I've drastically reduced the amounts I keep there until we see how this turns out. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: TraderTimm on May 17, 2013, 05:02:13 PM Anyone who keeps a balance on any exchange, in the form of BTC or < insert currency >, should realize that these funds are at risk, and can be "ghosted" at any time. Don't have anything there that you wouldn't be comfortable losing. Given the history of Mt. Gox specifically, I'm amazed that anyone still does.
Dwolla is bad news, period. Using them for any transaction related to BTC carries the same risk. Perhaps this DHS incident will remind people of this fact. I'd also extend this to the conventional banking system. Don't have anything in there beyond what you can afford to take a 'hit' on. The cold winds of "bail-ins" and other financial chicanery are blowing, and it is just a matter of time before they touch every banking system on the planet. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Bitcoinpro on May 18, 2013, 02:44:52 PM I guess this is the fallout from the Coinlab lawsuit? What does Department of Homeland Security has in common with the Coinlab lawsuit?its definitely for coinlab, could be illegal, unless you have seen the entire coinlab mtgox contract it would be difficult to tell Title: Re: MtGox account in the USA has been seized by the DHS? Post by: phelix on May 18, 2013, 08:34:51 PM Why have they removed the link on their home page? Also I can't see the post on facebook any more but it is still here: https://www.facebook.com/MtGox/posts/468895216528224
I would like to know how much money was seized. MtGox please give some information. edit: Sent link to this message to magicaltux by pm. Title: Re: MtGox account in the USA has been seized by the DHS? Post by: sturle on May 19, 2013, 01:10:38 PM Why have they removed the link on their home page? Also I can't see the post on facebook any more but it is still here: https://www.facebook.com/MtGox/posts/468895216528224 MagicalTux answered this on IRC:I would like to know how much money was seized. Code: 05:41 < zivester> I'm asking, if I have USD in my mtgox account... is that money in Japan or USA (or somewhere else) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: phelix on May 19, 2013, 07:28:10 PM Why have they removed the link on their home page? Also I can't see the post on facebook any more but it is still here: https://www.facebook.com/MtGox/posts/468895216528224 MagicalTux answered this on IRC:I would like to know how much money was seized. Code: 05:41 < zivester> I'm asking, if I have USD in my mtgox account... is that money in Japan or USA (or somewhere else) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: myself on May 20, 2013, 06:17:36 PM Why have they removed the link on their home page? Also I can't see the post on facebook any more but it is still here: https://www.facebook.com/MtGox/posts/468895216528224 MagicalTux answered this on IRC:I would like to know how much money was seized. Code: 05:41 < zivester> I'm asking, if I have USD in my mtgox account... is that money in Japan or USA (or somewhere else) Title: Re: MtGox account in the USA has been seized by the DHS? Post by: 420 on June 15, 2013, 06:57:26 PM Prices got real interesting after paypal stopped supporting MTGox, I expect something similar here. when was that? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: threeip on June 15, 2013, 07:08:15 PM Prices got real interesting after paypal stopped supporting MTGox, I expect something similar here. when was that? https://bitcointalk.org/index.php?topic=1419.0 Posted: October 10, 2010 ? Title: Re: MtGox account in the USA has been seized by the DHS? Post by: 420 on June 15, 2013, 07:09:45 PM Prices got real interesting after paypal stopped supporting MTGox, I expect something similar here. when was that? https://bitcointalk.org/index.php?topic=1419.0 Posted: October 10, 2010 ? Name: mtgox Posts: 185 Position: Full Member Date Registered: July 17, 2010, 01:00:58 AM Last Active: October 04, 2011, 04:10:27 AM Title: Re: MtGox account in the USA has been seized by the DHS? Post by: Raoul Duke on June 15, 2013, 07:11:25 PM Prices got real interesting after paypal stopped supporting MTGox, I expect something similar here. when was that? https://bitcointalk.org/index.php?topic=1419.0 Posted: October 10, 2010 ? Name: mtgox Posts: 185 Position: Full Member Date Registered: July 17, 2010, 01:00:58 AM Last Active: October 04, 2011, 04:10:27 AM Jed's account, which he didn't pass on to Mark when he sold the site to him, maybe? |
