Legal Landscape For E-Currency Is Getting More Complicated
First, on May 14, 2013, the U.S. Department of Homeland Security initiated a seizure of the Dwolla account belonging to a leading Japanese-based Bitcoin exchange company, Mt. Gox, taking the position that Mt. Gox's U.S. subsidiary, Mutum Sigillum LLC, operated as an unlicensed money transmitter in violation of 18 U.S.C. § 1960.
Second, a joint investigation conducted by the U.S. Department of Justice, the Secret Service,...
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