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BitCoin Panic: Department of Homeland Security Shuts Down Dwolla Payments of Mt. Gox (Video)

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Dwolla users are unable to transfer money to and from leading Bitcoin trading platform Mt. Gox following a court order from the Department of Homeland Security.

Users of Dwolla’s money-moving service began receiving this message as of Tuesday afternoon, first posted on Twitter by OkCupid cofounder and reported upon by Betabeat.

The Department Of Homeland Security appears to have shut down the ability to use Dwolla, a mobile payment service, to withdraw and deposit money into Mt. Gox, a Bitcoin trading platform. A Dwolla representative confirmed the move to Betabeat. Chris Coyne, cofounder of OKCupid, posted a screenshot of an email he received from Dwolla, stating that due to recent orders from the Department of Homeland Security, Dwolla cannot complete the bank transfer to Mt. Gox. Another popular Bitcoin trading exchange is Bitcoin Bank.

A representative for Dwolla told Betabeat that the company is “not party” to this matter and encourages those with questions to reach out to Mt. Gox or the DHS.

“The Department of Homeland Security and U.S. District Court for the District of Maryland issued a ‘Seizure Warrant’ for the funds associated with Mutum Sigillium’s Dwolla account (a.k.a. Mt. Gox),” he said. “In light of the court order, procured by the Department of Homeland Security, Dwolla has ceased all account activities associated with Dwolla services for Mutum Sigillum while Dwolla’s holding partner transferred Mutum Sigillium’s balance, per the warrant.”

“Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account,” he added.

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Jordan Lampe of Dwolla declined to offer further details.

Update: Here is what Mt. Gox sent us in response to a request for comment:

Thank you for the email. We can see that the Dwolla transactions are not getting processed right now. We will contact Dwolla and post an announcement regarding this. Your patience is appreciated till then.

Update 2: Mt. Gox has posted the following comment to its Facebook page:

Like many who have contacted us, MtGox has read on the Internet that the United States Department of Homeland Security had a court order and/or warrant issued from the United States District Court in Maryland which it served upon the Dwolla mobile payment service with respect to accounts used for trading with MtGox. We take this information seriously. However, as of this time we have not been provided with a copy of the court order and/or warrant, and do not know its scope and/or the reasons for its issuance. MtGox is investigating and will provide further reports when additional information becomes known.

Critical Reads: More News Mainstream Media Chooses To Ignore By Josey Wales, Click Here!

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    Total 26 comments
    • tumbleweed

      The government doesn’t like competition in printing worthless money!


        Look at trading on 5-15-13, the volume is light and the price is well above recent lows of about $54 USD. The Dwolla payment system is only one of many and its closure, temporary (or not) shut down is insignificant to Bitcoin trading. My own opinion is that Bitcoin is a joke, and anyone who puts their money in Bitcoin is only sheer luck if they make some money, except to the insiders. Bitcoin exchange is unregulated (though regulated exchanges are corrupt with blessings of regulators). Whether your Bitcoin sell order gets executed is a crap shot.


    • Marcia

      Never mind about those pesky Islamic terrorists. This is more important.

      Time to reboot this country.

      • ThenAgain

        Your phony ‘izlamic terrorists’ are a cover for you zionist terrorists who are behind it all. But don’t worry though, more people are catching on to the zionist scam, and their comment shills. WHO owns the fed reserve, Zionists, Who’s behind all the fake wars/false flags/the Holohoax, Zionists, Who did 911, Zionists, Who owns the media, who is behind homeland etc, all Zionists, and their congress/senate shills.
        As for ‘bitcoin’, two things, remember ‘dhs’ are zionists, and I still think bitcoin is an ops, to get people into ‘digital currency’ which is Exactly what the zionists want -digital, then chipping. What better way to make it ‘desirable’ than to have it ‘shut down’ etc. Always think for yourself.

        • Goimon

          Bare in mind: It’s the line you have to draw between lettin’ you being chipped and use a universal payment method…
          BTW: youtube: donald marshall NWO

        • ThenAgain

          ‘goiman’, see my links. If people fail to get informed and stop paying and praying to the zionists it will Not be a choice. My comments on ‘bitcoin’ stand. While I appreciate you may trying to be helpful, I’m not going to youtube ‘nwo’ crap I’m an expert far beyond that and you should be too by now, start with my comments above and the links I provided and do the research.

    • Todd R.

      Keep this in mind when you hear the US federal government whining about having to make cuts. Wasteful spending over something outside of its purview. Sad but not surprising…

    • Whiskey Zero

      likely psyop…they want you out of everything except the dollar. Do the opposite…buy gold/silver and bitcoins.

      • ThenAgain

        see my comment above, what makes you think bitcoin itself isn’t psy ops.

    • Anonymous

      It’s a money-opoly world. Create enough criminal confusion and it leads straight into a globo system hell. This is just one tentacle of an incremental ploy to swallow the world’s wealth down one stinkin’, suckin’ hole.

      Cheesiness aside, this “news” is a warning to all who would consider alternatives. It takes the steam power out of our desire to be free. My concern with bitcoins is that its a Controlled Opposition sting operation.

      Losing one’s soul for money is never a good bet. Those who don’t gamble at this rigged craps table are the only ones who can see how it really works. Luck has nothing to do with it. Winners are predesignated actors hired by the casino just like the false flag business.

      • Mjr_Dzaster

        What it will all come down to in the very near future will be what is called: Squatter’s Rights. Money (especially the non-fed Federally created fiat currency) won’t buy you anything…at least, anything of REAL value. Gonna have to do like the native peoples of Guatamala and other Central and South American countries, we’re going to have to just SQUAT on whatever land we damned well choose to SQUAT on. And then that is where the National Guard and U.S. Military will come in and murder Americans and then place their remains in all those millions of big black plastic coffins they’ve been (secretly?) stockpiling around the country. If you’ve been paying any attention at all, then you know of what I speak. :!:

        • ThenAgain

          Some fear ops in your comment which are useless. Though, having real estate that is paid off is a good idea. It serves no purpose to be fearful. More important to know Who is behind all of this, And inform others, so we All stop buying their zionist big corporation crap, their poison GMO food, poison pharma, stop buying ‘tech’ that’s just spyware, stop paying for tv etc. see links above, send to others so we all know the zionists and their corps and the congress/senate are behind all of this, including Chemtrails poisoning us.

    • viper3alpha

      another power grab by a power hungry government faction

    • Mjr_Dzaster

      What is MtGox? And what does any of this mean? It’s an online trading company? And if so, why is the fed screwing with them? MtGox prints fiat currency just like the non-fed Fed? Yes, I see those poor guys on the street holding those Foamcore signs that say: “CASH FOR GOLD! TRADE IN YOUR GOLD HERE!” And I think: “Jesus, are people THAT stupid?” Don’t DO it! Do NOT trade your REAL money for FAKE money! Paper fiat currency and the crappy worthless coins that the non-fed Fed print and stamp is totally WORTHLESS! KEEP YOUR REAL MONEY! KEEP YOUR GOLD AND SILVER!

      • Anonymous

        Must be a hokey wordplay. A rhyme-mirror of Ft. Knox. A gawk is a clumsy, stupid person. Plural is gawks which phonetically is gox. Mt.= …

        A dwolla sounds to me like a Noo Yawkah twying to say ‘dollar.’

        The whole point is to put a law (or it’s interp) on the books that wasn’t there before. The more laws we have, the less free we are.

        Instead of a society knowing how to practice responsible self-government we get a governance to rein in lawlessness. Folks buy into lawlessness openly promoted by the media to entertain us. (the news even) Thus we come full circle back to the clown in the video. Keeps the sheeple going in circles without any sense of direction except what is blared from the guard towers.

        It may be a massive undertaking — but we can at least keep our hearts in freedom. Don’t let anything invade your inner sanctity. Especially a love for money.

    • Wizard Killer

      Watch the documentary “Thrive” and see what two monopolies have to be broken to become a free planet…MONEY and ENERGY. Once that happens the psychopaths will have to move to Mars.

    • TAG

      I said this would happen. The agency is mission creep on steroids and must be brought into the light of day for the assault on everything that was once freedom in this country.
      Silence is acceptance just like it was in Germany in or around 1939.

    • Zugzwang

      Maybe we need to join Kokesh’s armed revolt and kick this government’s ass while we still can. Let’s put these punk ass bitches in their place, which is serving US.

      • ThenAgain

        Uh, no. That’s what they want, to start martial law. The way to stop them is to Stop Buying their Crap. Stop buying their ‘tech’ to spy on you, appliances with rfid chips, their poison GMO food, poison pharma, Stop paying for cable tv as we know it’s just liars. Fighting isn’t necessary except in self defense. Stop Buying their big globalist corporate junk.

    • Neil Armstrong

      What gives them authority to do this?

      • Josey Wales

        What gives them the authority to do this?

        Good people like you and me doing nothing. That is what gives them the authority to do this. Our job as American citizens is to hold our elected officials accountable.

      • Anonymous

        When you get the judges (including the supreme court ones) in your pocket. You do not care about the law.

    • Z3BO

      screw bitcoin i want physical gold/silver…id also accept diamonds,palladium and platinum over fiat dollars..

    • David Robinson

      Dwollar is a money-moving service.

      There are OTHER money-moving services that ARE licensed.

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