Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
TheKoziTwo
on 13/06/2013, 11:55:35 UTC
Seems like there has been a raid, and $7.5 million frozen from webmoney (or more precisely, their "guarantor" in Ukraine) today:

Quote
"The authorities have seized a large amount of computer equipment which was used for the system's operation. "Over 60 million Hryvnas ($7.5 million) held in the bank accounts of companies which were part of in the illegal system have been frozen," the ministry said."
http://rapsinews.com/news/20130613/267751619.html
http://www.ukrinform.ua/eng/news/webmoney_funds_blocked_by_revenue_authorities_305119
http://un.ua/eng/article/454477.html

Wonder if there will be any escalation here or if this is a minor issue?

Either way, all these asset seizures are nothing but bullish news for bitcoin.

Bullish! yea another Direct funding source for bitcoin likely to be cut off.
No need to ban bitcoin,only bank wire remains. What happens if the banks decide Bitcoin is against AML laws and stops business with exchanges, we'l see how can price be sustained then.


Ultimately, we're going to be prepared to go this route anyways. I don't see how this anonymous taxhaven / money laundering paradise can continue to operate uninterrupted like it is today. We will need p2p exchanges to take over where there is no big, centralized point of failure. The end goal would be mass adoption to the scale where in and out exchange is no longer necessary because everyone accepts bitcoin. Anyhow, I think there will continue to be exchanges in obscure countries, for a long time to come.