Another Gox seize. Collateral damage or purposeful Bitcoin targeting.

[🏰 TradeFortress 🏰]

http://www.smh.com.au/it-pro/security-it/westpac-caught-up-in-worlds-biggest-money-laundering-sting-20130529-2naa8.html

Prosecutors said 45 bank accounts have been restrained or seized.
According to the indictment, three Westpac accounts held in the name of Technocash Ltd contained $US36.9 million ($A38.4 million).

Read more: http://www.smh.com.au/it-pro/security-it/westpac-caught-up-in-worlds-biggest-money-laundering-sting-20130529-2naa8.html

MtGox uses technocash as a deposit method in Australia. Is this collateral damage to Bitcoin? Or is this intended?

[ineededausername]

http://www.smh.com.au/it-pro/security-it/westpac-caught-up-in-worlds-biggest-money-laundering-sting-20130529-2naa8.html

Prosecutors said 45 bank accounts have been restrained or seized.
According to the indictment, three Westpac accounts held in the name of Technocash Ltd contained $US36.9 million ($A38.4 million).

Read more: http://www.smh.com.au/it-pro/security-it/westpac-caught-up-in-worlds-biggest-money-laundering-sting-20130529-2naa8.html

MtGox uses technocash as a deposit method in Australia. Is this collateral damage to Bitcoin? Or is this intended?

This title is misleading...
Also gox probably hardly had any money in the accounts.

[🏰 TradeFortress 🏰]

This is akin to all of Dwolla being seized.

[ralree]

"If Al Capone were alive today, this is how he would be hiding his money."

Nope, because he would have just lost it.  If he was smart, he'd have it in cryptocurrencies.

[Benson Samuel]

This had to be in the plans of the authorities for a while now.

Am sure that Gox has its days numbered as well.

This is where they are trying to push Bitcoin into a corner. They gonna be pleasantly surprised at how that failed.

[TippingPoint]

... the authorities ...

I haven't heard that phrase in a long time.

It must be British Commonwealth.