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by 300bps 4784 days ago
Well the important thing to keep in mind is that there are several ways to fund or de-fund a Mt Gox account. One method entails going to a local kiosk and submitting cash.

Sure, the feds can shut down all of them eventually but how many innocent people are they taking out with this Sledgehammer-Shotgun approach? This is reminiscent of their heavy-handed takedown of Megaupload which caused legitimate individuals and business to lose access to their legitimate date.

1 comments

How would the funding method make a difference? Any money you send, cash or otherwise, is going to end up the in the same Mt Gox account frozen by the feds, with no way to get the money out. Again, see e-gold.
Dwolla isn't a bank, it's a payments processor.