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Homeland Security seizes account of largest Bitcoin exchange, Mt. Gox

2013-05-15 22:23:17| Extremetech

The Department of Homeland Security has moved to shut down Mt. Gox's ability to transfer funds to customers via payment processor Dwolla. The issue is straightforward: Mt. Gox's Wells Fargo account isn't registered as a money transfer service despite having acted in that capacity for 18 months.

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