Monday, August 19, 2013
Feds Seized $2.9 Million in Bitcoin Funds from Mt. Gox
A new filing in Baltimore federal court discloses the federal government seized $2,915,507.40 held in an account controlled by Dwolla, a third-party payment platform similar to PayPal, during a federal government seizure in May of the funds that belonged to Mutum Sigillum LLC, a U.S. subsidiary of Tokyo-based Mt. Gox, reports Gigaom. It’s unclear what will become of the funds.