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Bitcoin is under siege by US Homeland Security

Wednesday May 15,2013 : U.S. HOMELAND SECURITY MOVES AGAINST BITCOIN?
 
Is this motivated by another anti-online gambling drive?
 
Creating a buzz on internet gambling message boards late Tuesday were Ars Technica and CNN reports that the virtual currency Bitcoin is under siege by US Homeland Security and Department of Justice authorities.
 
The agencies have apparently served seizure warrants on key mobile payments accounts associated with Mt. Gox, the largest Tokyo-based Bitcoin exchange.
 
Intermediary Dwolla confirmed the official action to the New York Observer, revealing that it had received a seizure warrant from a federal court in the District of Maryland, but that no justification for the seizure had been given.
 
The involvement of Maryland, a state from which federal authorities have mounted several actions against online gambling payment processors, immediately fuelled speculation that the initiative is targeted on internet gambling.
 
The warrant required Dwolla to hand over the Mutum Sigillum (aka Mt. Gox) account balance, a requirement with which Dwolla confirmed it had complied.
 
Media and interested party enquiries to Mt. Gox were met with claims of ignorance on what was happening.
 
"Thank you for the e-mail. We can see that the Dwolla transactions are not getting processed right now. We will contact Dwolla and post an announcement regarding this. Your patience is appreciated...." the virtual currency exchange advised enquirers.
 
The Department of Homeland Security was equally unresponsive, with US Immigration and Customs Enforcement (ICE) spokesperson Nicole Navas confirming to CNET that legal action to halt Dwolla processing Bitcoin transactions had been triggered.
 
Navas told CNET a warrant had been filed in the District of Maryland on Tuesday, but could not comment further “in order not to compromise this ongoing investigation.”
 
She revealed that the investigation was being handled by the ICE Homeland Security Investigations (HSI) in Baltimore.
 
In March this year, the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) hinted that the US federal government planned to regulate Bitcoin exchanges in a similar fashion to banks.
 
Bitcoin recently hit the mainstream headlines with a volatile surge in its exchange value following the Cyprus financial meltdown and a series of DDos attacks.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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