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0 pointspmorici12y ago0 comments

The previously confiscated funds were directly related to the Silk Road busts. DHS officials inferred as much in their testimony on Bitcoin before congress.

http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-...

The article implies this wasn't just issued today, it is just being reported now but it says it was actually issued "this month". You know what else happened in that time frame? Charlie Shrem was arrested for Silk Road related Bitcoin charges.

I mean It would be great if they were investigating the insolvency but I'd say there is a good chance it isn't related to that.

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mbreese12y ago

I was talking about what was seized from their accounts with Dowalla. Who seized that?

pmoriciOP12y ago

Yes, that is the same as the Dwolla seizure. They had a Wells Fargo Business bank account linked to their Dwolla account. That is the 5 Million that was seized purportedly in connection to the investigation into Silk Road.

mbreese12y ago

After looking it up, the seizure wasn't related to the Silk Road case. It was because MtGox wasn't properly registered as a money transmitter and was operating their accounts in the US under false pretenses [1].

I don't think it's necessarily possible to link the Dowalla event to Silk Road directly (which was the FBI, not DHS).

[1] http://techcrunch.com/2013/05/16/mt-gox-dwolla-account-money...

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0 pointspmorici12y ago0 comments

The previously confiscated funds were directly related to the Silk Road busts. DHS officials inferred as much in their testimony on Bitcoin before congress.

http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-...

I mean It would be great if they were investigating the insolvency but I'd say there is a good chance it isn't related to that.

0 comments

mbreese12y ago

I was talking about what was seized from their accounts with Dowalla. Who seized that?

pmoriciOP12y ago

mbreese12y ago

I don't think it's necessarily possible to link the Dowalla event to Silk Road directly (which was the FBI, not DHS).

[1] http://techcrunch.com/2013/05/16/mt-gox-dwolla-account-money...

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