Wednesday, May 15, 2013

Feds Seize Assets of World's Largest Bitcoin Exchange

The problems keep coming for Mt. Gox, the world's biggest Bitcoin exchange. Just days after Gawker revealed a key business partnership had devolved into a $70 million lawsuit, the Department of Homeland Security seized a payment processing account belonging to the company, alleging it lied on financial documents.

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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/u3b4PsYLnkQ/feds-seize-assets-of-worlds-largest-bitcoin-exchange-506790294

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