“Last summer, news that federal agents had seized a combined $5M from accounts owned by Mt. Gox roiled bitcoin markets. The warrants enabling the action cited improper filings when the company opened its bank accounts, including unlicensed operation of a money service business. Yet, written testimonies from federal regulators for the recent Senate hearings on digital currencies indicate the seizures were actually part of the much larger crackdown on online narcotics marketplace Silk Road – insight that presumably had to remain hidden at the time of the seizures due to the ongoing investigation.”
http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-fed-testimonies/
Related posts:
TSA Will Stop Accepting Driver's Licenses From Nine States On Jan. 10
Nokia: Yes, we decrypt your HTTPS data, but don’t worry about it
The Value Of SecondMarket's Bitcoin Trust Just Broke $50 Million
FreeSpeechMe: Anti-Censorship and Secure Domain Resolving Plug-in
The More Attention on The Next Fed Chair, The Better!
The Dutch do what the Germans couldn't: Get their gold back
There’s a Good Chance Your Bank Is Committing a Major Crime Right Now
Another Sanctuary Joins the List
A Confiscation Tax is Headed Your Way …
Nancy Pelosi: Obama Can Execute Americans in Secret 'Depending On Timing'
Arizona Man Winds Up Jailed, Unemployed and Homeless After Photographing Courthouse
French Fried Entrepreneurs: They Are Leaving
Google report reveals world government requests for private data rising sharply
Alabamians Outraged As Civil Asset Forfeitures Soar
Clapper: Election Meddling And Regime Change In The "Best Interests Of The People"