DHS shuts down Dwolla/Gox transactions - Page 2 - TigerDroppings.com

Posted byMessage
joshnorris14
Florida Fan
Florida
Member since Jan 2009
21229 posts

re: DHS shuts down Dwolla/Gox transactions


If the issue was money laundering, the IRS or another financial branch of the Executive Branch would be doing this.







Back to top
gizmoflak
Georgetown Fan
Member since May 2007
8980 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

Spoiler: The question is "What are terrorists?"


"That's correct. We would have also accepted 'What are politicians.'"






Back to top
  Replies (0)
Walking the Earth
Member since Feb 2013
3402 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

If the issue was money laundering, the IRS or another financial branch of the Executive Branch would be doing this.



You mean like the Department of Homeland Security?

LINK /

You do know what the entire (supposed) reason for the existence of the DHS is, right?



This post was edited on 5/14 at 5:26 pm


Back to top
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


quote:

If the issue was money laundering, the IRS or another financial branch of the Executive Branch would be doing this.




The DHS investigates:


Terrorism
Drug Smuggling
Money Laundering

Human Trafficking/Smuggling
Import/Export Violations
Child Pornography/Exploitation
Document and Benefit Fraud
Gang-related Crimes
Intellectual Property Rights Violations
Worksite Enforcement



The coinlabs lawsuit is child pornography related






Back to top
joshnorris14
Florida Fan
Florida
Member since Jan 2009
21229 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

You do know what the entire (supposed) reason for the existence of the DHS is, right?


I didn't know that money laundering fell into their jurisdiction. I really don't think it's fair to say that's the entire reason for their existence.






Back to top
League Champs
Bayou Self
Member since Oct 2012
3116 posts

re: DHS shuts down Dwolla/Gox transactions


So if it turns out that our Boston bombers used bitcoin as a means of financing (or any other group) BC is pretty much dead, amirite?





Back to top
WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

So if it turns out that our Boston bombers used bitcoin as a means of financing (or any other group) BC is pretty much dead, amirite?


What if they didn't use bitcoins but used US dollars instead?







Back to top
joshnorris14
Florida Fan
Florida
Member since Jan 2009
21229 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

The coinlabs lawsuit is child pornography related


Really? Didn't know that.






Back to top
  Replies (0)
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


quote:

So if it turns out that our Boston bombers used bitcoin as a means of financing (or any other group) BC is pretty much dead, amirite?




On if the Government is a bunch of Statist Bastards™






Back to top
  Replies (0)
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


quote:

What if they didn't use bitcoins but used US dollars instead?





Nobody will care. But what if those Chechen turds were payed in bitcoin by a foreign terrorist organization and then converted the bitcoin to USD using Dwolla/ Magic The Gathering trying to avoid suspicious looking banking activity?




This post was edited on 5/14 at 5:39 pm


Back to top
  Replies (0)
Walking the Earth
Member since Feb 2013
3402 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

I really don't think it's fair to say that's the entire reason for their existence.



I never said it was.

Protecting the security of the country by crossing previous federal jurisdictions and fiefdoms is. Remember how a big problem that helped 9-11 go off was the FBI and the CIA weren't talking to each other?

So, yeah, the IRS does handle most of the regular money laundering cases but the DHS will feel free to step in and initiate their own investigations and/or oversee the IRS one at any time.






Back to top
  Replies (0)
Walking the Earth
Member since Feb 2013
3402 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

What if they didn't use bitcoins but used US dollars instead?


They'll be thrilled because dollars are much more easily tracked.






Back to top
  Replies (0)
League Champs
Bayou Self
Member since Oct 2012
3116 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

What if they didn't use bitcoins but used US dollars instead?

Well since we all know you can't purchase a pressure cooker anywhere on the planet with bitcoin, that's pretty much a given. However, if BC was used to try and hide the transfers, well, BOOM goes the dynamite

And they would easily have that info by now, having confiscated the brothers technology devices






Back to top
  Replies (0)
Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15206 posts

re: DHS shuts down Dwolla/Gox transactions


quote:

So is the DHS issue with Dwolla or MtGox?
If I had to guess I'd say Dwolla has been the transfer agent of funds to people DHS does not like receiving money.






Back to top
  Replies (0)
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


quote:

WikiTiger


What is going on, tell us Wiki






Back to top
WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: DHS shuts down Dwolla/Gox transactions


quote:


What is going on, tell us Wiki


I don't know.

Here's a reddit discussion thread on it: http://www.reddit.com/r/Bitcoin/comments/1ebzru/dwolla_no_longer_allowed_to_do_business_with_mtgox/


one of the comments quoted a reply from Dwolla:

quote:

Update 4:28 pm ET: I've received a response from Dwolla support that they cannot provide a copy of the order at this time:

quote:

Thank you for your email. We were told this will be made pubic [sic] but do not have a time frame for when this would be happening.








Back to top
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


quote:

Here's a reddit discussion thread on it: LINK /


one of the comments quoted a reply from Dwolla:



Reading the forum, I'm trying hard not to laugh, sorry






Back to top
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


Just posted on bitcointalk.org:

quote:

Gordonium Sr. Member War has started Today at 10:38:45 PM


Statists are coming to our Bitcoins. Bring it on!








This post was edited on 5/14 at 6:48 pm


Back to top
  Replies (0)
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80670 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


:Nb4Russian:





Back to top
Vols&Shaft83
Tennessee Fan
Member since Dec 2012
12856 posts
 Online 

re: DHS shuts down Dwolla/Gox transactions


quote:

:Nb4Russian:



Dropping like a rock.
LINK






Back to top


Back to top