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 ...
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MIT Files Court Papers “Partially” Opposing Release Of Documents About Aaron Swartz Investigation
The Massachusetts Institute of Technology (MIT) is “partially” opposing a request by the estate of Aaron Swartz for the release of documents related to the investigation that led to Swartz’s arrest and prosecution in federal court. In court papers filed today, MIT counsel states that its opposition stems from two factors: its concerns about people in the MIT community named in the documents and the security of its computer networks. MIT has previously stated that it would release the documents with redactions of names and other information. MIT President L. Rafael Reif said in email to the MIT community earlier this month: On Friday, the lawyers for Aaron Swartz’s estate filed a legal request with the Boston federal court where the Swartz case would have gone to trial. They demanded that the court release to the public information related to the case, including many MIT documents. Some of these documents contain information about vulnerabilities in MIT’s network. Some contain the ...
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Declassified LBJ Tapes Accuse Richard Nixon of Treason
Hugh Pickens writes writes "After the Watergate scandal taught Richard Nixon the consequences of recording White House conversations, none of his successors has dared to do it. But Nixon wasn't the first. He got the idea from his predecessor Lyndon Johnson, who felt there was an obligation to allow historians to eventually eavesdrop on his presidency. Now David Taylor reports on BBC that the latest set of declassified tapes of President Lyndon Johnson's telephone calls show that by the time of the Presidential election in November 1968, LBJ had evidence that Nixon had sabotaged the Vietnam war peace talks — or, as he put it, that Nixon was guilty of treason and had 'blood on his hands'. It begins in the summer of 1968. Nixon feared a breakthrough at the Paris Peace talks designed to find a negotiated settlement to the Vietnam war that he knew would derail his campaign. Nixon therefore set up a clandestine back-channel to the South Vietnamese involving Anna Chennault, a senior campaign ...
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U.S. Says Laos Blocking Missing-Persons Investigation
An American team was prevented from gathering information about the disappearance of two citizens and a resident of the United States, Ambassador Karen B. Stewart said.
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France Proposes a Tax On Personal Information Collection
Dupple writes in with a story about a French proposal to tax companies that collect personal data online. "France, seeking fresh ways to raise funds and frustrated that American technology companies that dominate its digital economy are largely beyond the reach of French fiscal authorities, has proposed a new levy: an Internet tax on the collection of personal data. The idea surfaced Friday in a report commissioned by President François Hollande, which described various measures his government was taking to address what the French see as tax avoidance by Internet companies like Google, Amazon and Facebook. These companies gather vast reams of information about their users, harnessing it to tailor their services to individuals' interests or to direct customized advertising to them. So extensive is the collection of personal details, and so promising the business opportunities linked to it, that the report described data as the "raw material" of the digital economy."
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