Feds Seize Assets From Mt. Gox's Dwolla Acount, Accuse It Of Violating Money Transfer Regulations
Bitcoin exchange service Mt. Gox is experiencing some issues with U.S. authorities. The Department of Homeland Security issued a seizure warrant to Dwolla for the money in Mt. Gox’s Dwolla account. Mt. Gox users can’t use Dwolla as a funding option anymore even though it was one of the most popular options. The Japanese startup failed to register in the U.S. as a money transmitting company — president and CEO Mark Karpeles now faces up to five years in prison. Dwolla had no choice but to proceed with the request. IDG News obtained a copy of the warrant through the U.S. Immigration and Customs Enforcement (ICE), the investigation team of the Department of Homeland Security. In order to accept funds in dollars, Mt. Gox opened a Wells Fargo business account for Mutum Sigillum LLC (Mt. Gox’s American subsidiary). The company had to complete a document that states whether it provides money services or not. The warrant reads: “That document was completed on May 20, 2011, and identified ...
MIT’s President Orders Internal Investigation Into Its Handling Of Aaron Swartz’s Case
After the news about Interent activist Aaron Schwartz's suicide on Friday started to spread across the Internet, many - including Schwartz's family - at least partly blamed the way MIT handled his case after the school detected his attempts to download millions of articles from JSTOR in 2011 for his death. MIT president L. Rafael Reif today announced that he has asked Professor Hal Abelson, "to lead a thorough analysis of MIT's involvement from the time that we first perceived unusual activity on our network in fall 2010 up to the present."
Veteran Florida Republican congressman concedes primary loss
ORLANDO, Florida - Veteran Republican Representative Cliff Stearns of Florida, who stirred national debate in 2011 by spearheading an aggressive investigation into Planned Parenthood, conceded defeat on Wednesday after primary election results showed him trailing a political newcomer.
Found more than 1 month ago on channel Reuters