Bitcoin Forum
December 11, 2017, 07:40:53 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Mt. Gox - Dwolla and the DHS?  (Read 1082 times)
WuLabsWuTecH
Sr. Member
****
Offline Offline

Activity: 252


View Profile
May 14, 2013, 11:01:05 PM
 #1

Anyone know why the DHS stepped in to freeze Mt. Gox's Dwolla accounts?  There should be a court order that has reasoning in it right?
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1512978053
Hero Member
*
Offline Offline

Posts: 1512978053

View Profile Personal Message (Offline)

Ignore
1512978053
Reply with quote  #2

1512978053
Report to moderator
Cy Bo Rg
Newbie
*
Offline Offline

Activity: 5


View Profile
May 14, 2013, 11:23:00 PM
 #2

Anyone know why the DHS stepped in to freeze Mt. Gox's Dwolla accounts?  There should be a court order that has reasoning in it right?

http://www.businessinsider.com/dwolla-mt-gox-2013-5
bitcointrader55
Jr. Member
*
Offline Offline

Activity: 38



View Profile
May 14, 2013, 11:42:50 PM
 #3

dunno
jamesgarfield
Newbie
*
Offline Offline

Activity: 14



View Profile
May 15, 2013, 12:16:48 AM
 #4

Havent hear either.

Obama's alt account Smiley
iokast
Newbie
*
Offline Offline

Activity: 6



View Profile
May 15, 2013, 12:26:43 AM
 #5

Always gotta ruin a good thing. You know how it goes.

Tippage welcome:
1KaFH7CHN9d6VskNT8JvXBAVrHrfzvUd5o
testor1988
Newbie
*
Offline Offline

Activity: 9


View Profile
May 15, 2013, 12:28:34 AM
 #6

Maybe the reason of the latest price fall?
BitCoinzzz
Jr. Member
*
Offline Offline

Activity: 32


View Profile
May 15, 2013, 12:30:22 AM
 #7

i think they did, i think it will be ok there are so many way to exchange bitcoin
aigeezer
Legendary
*
Offline Offline

Activity: 1305


Cryptanalyst castrated by his government, 1952


View Profile
May 15, 2013, 12:31:39 AM
 #8

Anyone know why the DHS stepped in to freeze Mt. Gox's Dwolla accounts?  There should be a court order that has reasoning in it right?

http://www.businessinsider.com/dwolla-mt-gox-2013-5

"Homeland Security's reason for interfering here is unclear" and "Needless to say, Dwolla users will be anxiously awaiting Homeland Security's reasoning for today's actions."

Meanwhile, the price of BTC is in free fall on Gox and there is almost a minute of trading delay. Thanks for nothing, DHS.

Edit: too late to agree with me - it's all changed. Sudden price spike and the lag is down to half a minute. All still DHS-induced, I imagine.
BitCoinzzz
Jr. Member
*
Offline Offline

Activity: 32


View Profile
May 15, 2013, 12:39:16 AM
 #9

last post yay
clowe
Newbie
*
Offline Offline

Activity: 25


View Profile
May 15, 2013, 12:45:58 AM
 #10

This would explain the price fall, if the US government wants to severely disrupt bitcoin this is a good way to do it, make it difficult to convert US dollars to bitcoins.   

It won't stop the rest of the world or cash transactions but will certainly make it more difficult to get into bitcoins in the USA.
Flummoxx
Newbie
*
Offline Offline

Activity: 7


View Profile
May 15, 2013, 01:04:31 AM
 #11

All this does is confirm that I have terrible timing.  I transfered $130 from CampBX to MtGox at 10am this morning.  Oh well, the silver lining is that illegal immigration and domestic terrorism in the US must have been eradicated, since homeland security has time to address Mutum Sigillum handling my money.  Hooray, USA!  Smiley
jamesgarfield
Newbie
*
Offline Offline

Activity: 14



View Profile
May 15, 2013, 01:09:25 AM
 #12

lol cool

Obama's alt account Smiley
solidgod
Newbie
*
Offline Offline

Activity: 21


View Profile
May 15, 2013, 01:37:29 AM
 #13

How hard do you think the price is going to tank from this?
doosey2
Newbie
*
Offline Offline

Activity: 28


View Profile
May 15, 2013, 01:44:44 AM
 #14

I wonder if DHS seized assets or just froze them...
AKG1987
Newbie
*
Offline Offline

Activity: 19


View Profile
May 15, 2013, 01:56:33 AM
 #15

I'm sticking with coinbase and bitstamp for now.  Hope Dwolla can somehow beat this.
Kazimir
Legendary
*
Offline Offline

Activity: 1134



View Profile
May 15, 2013, 01:58:24 AM
 #16

This whole DHS thing is a perfect example of why we need Bitcoin.

Freezing people's accounts and blocking transactions at whim. What The F*CK! Why do people put up with a system like that Huh

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
Flummoxx
Newbie
*
Offline Offline

Activity: 7


View Profile
May 15, 2013, 02:22:19 AM
 #17

Haha...my $130 just posted at MtGox.  I guess the government realized they can get their pound of flesh outta my paycheck tomorrow. 
acne
Jr. Member
*
Offline Offline

Activity: 56



View Profile
May 15, 2013, 02:51:39 AM
 #18

MTGOX Sucks Dont Use IT!, Mtgox almost killed BTC completly.

BITCOIN IS MY SHIT!
Flummoxx
Newbie
*
Offline Offline

Activity: 7


View Profile
May 15, 2013, 02:57:44 AM
 #19

MTGOX Sucks Dont Use IT!, Mtgox almost killed BTC completly.

Ehh...I think bitcoins are bigger than MtGox, and every time they almost "kill" bitcoin, I buy in cheaper.
JimCGSavings
Jr. Member
*
Offline Offline

Activity: 56


I'm old! It's cold! Get used to it! (grin)


View Profile
May 15, 2013, 03:21:28 AM
 #20

I hope they are going after an actual crime or criminal. Not just using the faulty logic of "bitcoins are known to be used to purchase illegal items and for money laundering, and dwolla, a US company, enables this by allowing the purchase of bitcoins by US citizens." I hope there are some trade agreements in place between the US and Japan to stop this kind of strong arm tactic.

BTC: 18T11wZ4hV8M11yfsCbYytD9xBwxvTNVX9
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!