“Sean Percival today wrote about how he received a phone call from his bank, because ‘they detected Bitcoin related transactions,’ and they asked him if it was for personal use or business. And, no, it wasn’t because of some concern about fraud. Percival clarified that it was just about Bitcoin, and said they wanted to know about ‘a spike in activity’ with merchants like Coinbase. He later confirmed that it was not even from the fraud department. Percival does not name the bank, other than to say that it’s ‘one of the biggies.’ It will be interesting to see if this becomes a regular thing, and whether or not it’ll become yet another path for government officials to try to track Bitcoin usage.”
Related posts:
Nigel Farage: Hague should resign as foreign secretary over Syria vote
Two giant US pension funds admit there’s a BIG problem
5 Steps You Should Take Right Away
The Cop Shooting So Horrific It Cost Chicago $5 Million to Hide The Video
Court Gives a Christmas Victory to Atlanta Street Vendors
China puts out yet another credit market fire with more liquidity
How Intelligence Was Twisted to Support an Attack on Syria
'Goldmine': NSA Vacuuming Up Millions of Text Messages Daily
Administrative Bloat in US Public Schools
My Night Out With Bitcoin Millionaire and Proud Stoner Charlie Shrem
Thought The Euro Crisis Was Over? These 18 Charts Show The Real Crisis That Lies Ahead
Homeland Security Using Video Games to Recruit Top Students as Cyber Warriors
Second California county joins push to form state of ‘Jefferson’
Teen Unemployment In Major U.S. Cities Tops 50%
Why the U.S. Government Will Default on Its Debt