so...FBI to use silkroad coins to bailout gox, thats how it works right?
Best post of the day
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Topic: FBI investigating Gox - page 2. (Read 10516 times)
Best post of the day
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This mtgox issue has to come end any more.
By CHRISTOPHER M. MATTHEWS CONNECT
Feb. 25, 2014 9:05 p.m. ET
Bitcoin exchange Mt. Gox has received a subpoena from federal prosecutors in New York, according to a person familiar with the matter, dealing another blow to the embattled marketplace for buyers and sellers of the virtual currency.
Mt. Gox, one of the largest bitcoin exchanges, shut down on Tuesday, underscoring the risks of bitcoin, the virtual currency that has seen a meteoric rise in the past year. The subpoena was sent this month and asked Mt. Gox to preserve certain documents among other things, the person said.
Write to Christopher M. Matthews at [email protected]
I suppose you already know this, but in case you didn't read it here:http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?KEYWORDS=subpoena&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303880604579405852448992982.html%3FKEYWORDS%3Dsubpoena
Feb. 25, 2014 9:05 p.m. ET
Bitcoin exchange Mt. Gox has received a subpoena from federal prosecutors in New York, according to a person familiar with the matter, dealing another blow to the embattled marketplace for buyers and sellers of the virtual currency.
Mt. Gox, one of the largest bitcoin exchanges, shut down on Tuesday, underscoring the risks of bitcoin, the virtual currency that has seen a meteoric rise in the past year. The subpoena was sent this month and asked Mt. Gox to preserve certain documents among other things, the person said.
Write to Christopher M. Matthews at [email protected]
I suppose you already know this, but in case you didn't read it here:http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?KEYWORDS=subpoena&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303880604579405852448992982.html%3FKEYWORDS%3Dsubpoena
so...FBI to use silkroad coins to bailout gox, thats how it works right?
No that is not how it works. Furthermore the FBI does not have anywhere close the amount of BTC to do this.
"The BIGGEST danger to all of us from the MtGox crash is, the litigation that will follow. Governments like to look like they are protecting us. They do it so that they can make laws to regulate us. What they really want is to steal from us in the form of taxes, even though they might call these taxes regulation fees - licensing."
https://bitcointalksearch.org/topic/m.5388775
https://bitcointalksearch.org/topic/m.5388775
Agreed - they will use this scenario with MtGox as an opportunity to create rules/order with a decentralized ecosystem
I would like to see some coordination on the part of the Bitcoin exchanges to address this, rather than acting fragmented
Now if only the authorities were so quick with HSBC...
so...FBI to use silkroad coins to bailout gox, thats how it works right?
I know, he does seem to be at least trying to act like this is no big deal. Well, Mark, this isn't Magic cards we're talking about here. And if Gox tried to hide the fact that they were in trouble and still solicited funds, from depositors or investors, it's game over.
This is more like it! Those who steal people's life saving shouldn't be allowed to sip cappuccino in the morning
I have to think they would be looking a Gox regardless of the recent issues because of the Charlie Shrem / BitInstant case. I bet there is likely some link there.
Wall street journal reports that Gox has been sent a subpoena from the feds.
http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?mod=WSJ_LatestHeadlines
http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?mod=WSJ_LatestHeadlines
Time to follow Edward Snowden. Or else a non-extradition country, like North Korea.
Hahahah well said... What's odd is his reaction to all of this, like it's no big deal as if he's running some stamp collecting club. The site says, "I would like to kindly ask that people refrain from asking questions to our staff". I don't think he has any idea how much hot water he's in or how angry people are.
HSI (formally ICE 1811) would probably most likely be spearheading anything worth looking at. They have the broadest jurisdiction of all FLEO. Any person or item that enters or leaves the United States falls under HSI. (Which is pretty much everything if you think about it)
Wall street journal reports that Gox has been sent a subpoena from the feds.
http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?mod=WSJ_LatestHeadlines
http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?mod=WSJ_LatestHeadlines
Time to follow Edward Snowden. Or else a non-extradition country, like North Korea.
Wall street journal reports that Gox has been sent a subpoena from the feds.
http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?mod=WSJ_LatestHeadlines
http://online.wsj.com/news/articles/SB10001424052702303880604579405852448992982?mod=WSJ_LatestHeadlines
"The BIGGEST danger to all of us from the MtGox crash is, the litigation that will follow. Governments like to look like they are protecting us. They do it so that they can make laws to regulate us. What they really want is to steal from us in the form of taxes, even though they might call these taxes regulation fees - licensing."
https://bitcointalksearch.org/topic/m.5388775
https://bitcointalksearch.org/topic/m.5388775
It was on zerohedge. I think they get their material from the news feeds, reuters, AP etc. I hadn't seen anything about this anywhere other than there.
Zerohedge is pretty reliable as far as I have seen.
Zerohedge is pretty reliable as far as I have seen.
Only thing I could find http://www.zerohedge.com/news/2014-02-26/fbi-launches-probe-criminal-violations-mtgox
source?
This is just out:
FBI Launches Probe Into "Criminal Violations" By Mt.Gox
*FBI SAID TO BE PROBING POSSIBLE CRIMINAL VIOLATIONS BY MT. GOX
*U.S. SAID TO REQUEST DOCUMENTS FROM BITCOIN SERVICE PROVIDERS
*MANHATTAN U.S. ATTORNEY SAID TO BE REVIEWING MT. GOX SHUTDOWN
Finally, I guess the authorities couldn't turn a blind eye any longer.
FBI Launches Probe Into "Criminal Violations" By Mt.Gox
*FBI SAID TO BE PROBING POSSIBLE CRIMINAL VIOLATIONS BY MT. GOX
*U.S. SAID TO REQUEST DOCUMENTS FROM BITCOIN SERVICE PROVIDERS
*MANHATTAN U.S. ATTORNEY SAID TO BE REVIEWING MT. GOX SHUTDOWN
Finally, I guess the authorities couldn't turn a blind eye any longer.
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