MtGox account in the USA has been seized by the DHS?

[LorenzoMoney]

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.

[1713485682]

1713485682

[sturle]

I don't know, I'm more concerned with Angelina Jolie's breasts at the moment.

+1

This 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.

[Rassah]

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 

[conspirosphere.tk]

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)

[bbit]

uh oh!

[itsgoldbaby]

Seems to me that one of the CoinLab investors has some serious pull with DHS.

[Its About Sharing]

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...

[uhoh]

uh oh!

...

[Raoul Duke]

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?

[bbit]

uh oh!

...

.....

[w8ks6]

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.

[LiveJay]

I confirmed the email with Dwolla support:

Code:

Dwolla Support
MAY 14, 2013  |  04:17PM CDT
Jay,

Yes, we can confirm the context of the previous email. We don't have anything on our website as we aren't able to externally communicate this notice.

Let us know if you have any additional questions.



Sincerely,
Dwolla Support
www.dwolla.com
www.trydwolla.com (Send someone free money on us to get them started)

---- Message Disclaimer -----

This e-mail message is intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, any dissemination, distribution or copying of this communication is strictly prohibited.
Jay
MAY 14, 2013  |  03:55PM CDT
Original message
I received an email that appears to come from Dwolla regarding Mutum Sigillum LLC and the fact that you are not able to do business with them any more. Can you please confirm the content of this email as I can't find anything on your sit backing this up.

Thanks,

-Jay

[Kluge]

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.

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!

(I'm just mad that I've been increasing my long positions for the past couple weeks)

[CasinoBit]

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

[AMuppInTime]

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.

[stevegee58]

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.

[Raoul Duke]

first they ignore you...

we're on the fighting part now. shit just got real.

[tclo]

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.

[Elwar]

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.

[CasinoBit]

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  Business: Virtual terror finance