BREAKING: Department of Homeland Security shuts down Mt. Gox’s business with payment processor Dwolla.
The Department of Homeland security has just blocked the most popular payment processor, Dwolla, from doing any more business with Mt. Gox. No word yet on why this was done (rumor is it’s due to recent Coinlab action) but as of now it’s becoming more difficult and more expensive to move USD in or out of Mt. Gox.
As of 12:13 PM on 5/14/2013:
Youâ??re receiving this notice because our systems have indicated that youâ??ve processed and completed a real-time Dwolla-to-Dwolla payment to Mutum Sigillum LLC (â??Mt. Goxâ?) within the last 24 hours.
Due to recent court orders received from the Department of Homeland Security and U.S. District Court for the District of Maryland, Dwolla is no longer legally able to service Mutum Sigillum LLCâ??s account.
This is a courtesy email encouraging you to follow up on any uncompleted orders with Mutum Sigillum LLC as Dwolla is now unable to move money to and from Mutum Sigillum LLCâ??s Dwolla account.
Dwolla is not party to this matter nor does it have any information or further insight into the situation. We strongly encourages those with questions to contact Mutum Sigillum LLC
Note: Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account.
On behalf of Dwolla, we apologize for this inconvenience.
The price of Bitcoin is currently crashing due to this news, down $10 in less than 10 minutes.