2013-05-16 Feds Seize Assets From Mt. Gox’s Dwolla Acount, Accuse It...

[gweedo]

http://techcrunch.com/2013/05/16/mt-gox-dwolla-account-money-seizure

Bitcoin exchange service Mt. Gox is experiencing some issues with U.S. authorities. The Department of Homeland Security issued a seizure warrant to Dwolla for the money in Mt. Gox’s Dwolla account. Mt. Gox users can’t use Dwolla as a funding option anymore even though it was one of the most popular options. The Japanese startup failed to register in the U.S. as a money transmitting company — president and CEO Mark Karpeles now faces up to five years in prison.