On Tuesday (May 14), the US government seized accounts that Japan-based Mt. Gox, the world’s largest bitcoin exchange, held at its US bank, Wells Fargo, and with Dwolla, an online payments company. The government said Mt Gox violated money laundering rules. (Mt Gox says it is investigating.) For the fast-evolving bitcoin ecosystem, this marks a new phase of development.
It looks like Mt. Gox got caught red-handed.
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