Skip to main content
Black Listed News

U.S. seizes operator accounts of major Japanese Bitcoin exchange

Published: May 18, 2013
Share | Print This


Source: Reuters

U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins in U.S. dollars at a time when use of the currency and its value has mushroomed.

Bitcoin, which unlike conventional money is bought and sold on a peer-to-peer network independent of any central authority, has grown popular among users who lack faith in the established banking system.

The price of the volatile currency ballooned in March as a result of the Cyprus bank crisis. Authorities worry that a lack of regulation has left the currency vulnerable to money launderers and other criminals.

Read full article



Share This Article...



Stay Connected:
Free Newsletter
Blacklisted Radio
Blacklisted Nation
On Twitter
On Facebook
Podcasts on Demand
Podcasts on Spreaker
Podcasts on Youtube
Podcasts on iTunes
Podcasts on Tunein
Podcasts on Roku

Support Us
Donate Today!

Affiliates
Laverdad Cigars
Shop Amazon
Golden Eagle Coins
DHGATE.COM
Chameleon John Coupons
Discountrue




Calling for Contributors!

Got something to say?
We want to hear from you.

Submit your article contributions and participate in the world's largest independent online news community today!

Contact us today!







BlackListed News 2006-2015