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joshnorris14
Florida Fan
Florida
Member since Jan 2009
21546 posts

DHS shuts down Dwolla/Gox transactions



Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59138 posts

re: DHS shuts down Dwolla/Gox transactions
Whoa. Wut does dis mean?


WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Whoa. Wut does dis mean?


It means that as of now you can't use Dwolla to send US dollars to or receive US dollars from MtGox.

Why? The public has not been informed yet.


What effect will this have on bitcoin as a whole? Who knows? What do you think?


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59138 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

What do you think?


I think it's mighty odd that the Department of Homeland Security is involved. That's not someone I ever saw being involved in this process. At least not first.


joshnorris14
Florida Fan
Florida
Member since Jan 2009
21546 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Whoa. Wut does dis mean?


Well until we really know what the hell the DHS is doing we know that one of the more convenient (only in relation to the other methods) of getting money into and out of Mt. Gox is no longer possible.


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59138 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Well until we really know what the hell the DHS is doing


Well we know what they are doing. Just don't know why. I'm highly interested to see what's happening here.


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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Well we know what they are doing. Just don't know why. I'm highly interested to see what's happening here.


The weird thing is that other methods of sending money to MtGox from the USA, like wire transfers, are still working.

So is the DHS issue with Dwolla or MtGox?


ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

I think it's mighty odd that the Department of Homeland Security is involved.


Wonder if this has something to do with the patriot act.


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
59138 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Wonder if this has something to do with the patriot act.


Possible. But I just don't know.


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Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
19137 posts

re: DHS shuts down Dwolla/Gox transactions
BC sure is getting alot of attention for something that's a nothing.


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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
27432 posts

re: DHS shuts down Dwolla/Gox transactions
Could have something to do with the coinlabs lawsuit


Walking the Earth
Member since Feb 2013
6228 posts

re: DHS shuts down Dwolla/Gox transactions
At a wild guess, somebody thinks that this service is actively facilitating money laundering.



ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

So is the DHS issue with Dwolla or MtGox?


Good question.

Another question, who is this Mutum Sigillum entity mentioned in the email?


joshnorris14
Florida Fan
Florida
Member since Jan 2009
21546 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Could have something to do with the coinlabs lawsuit


What would the DHS have to do with that?


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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
27432 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Another question, who is this Mutum Sigillum entity mentioned in the email?


Mt.Gox


joshnorris14
Florida Fan
Florida
Member since Jan 2009
21546 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

At a wild guess, somebody thinks that this service is actively facilitating money laundering.


Again, what does that have to do with the DHS


ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

At a wild guess, somebody thinks that this service is actively facilitating money laundering.


That's where I was going with my earlier patriot act comment.


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ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Mt.Gox


Ah gotcha. Thanks


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Walking the Earth
Member since Feb 2013
6228 posts

re: DHS shuts down Dwolla/Gox transactions
quote:

Again, what does that have to do with the DHS


I'll take "Types of people likely to engage in money laundering" for one thousand dollars, Alex.

Spoiler: The question is "What are terrorists?"

This post was edited on 5/14 at 5:08 pm


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