With the work in Washington D.C. to draft a new federal media shield law, the question of what exactly is blogging is being revisited. And more importantly are Bloggers journalists or can they be considered members of the press? The new legislation comes in response to many people’s concerns over the broad subpoena by…
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The Secret Service has arrested five individual and seized bank accounts in connection to a $6 billion money laundering case that the authorities are describing as “staggering” and may be the largest case of international money laundering. Bank accounts and domains associated with a Costa Rican based website, Liberty Reserve, have been seized. Liberty Reserve…
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In a follow up to the Dwolla / Mt. Gox / Bitcoin / DHS story, Feds have seized Mt. Gox’s Dwolla account. Mt. Gox is accused, by the Department of Homeland Security, of violating money transfer regulations. Mt. Gox is a Japanese startup and is accused of having failed to register in the U.S. as a money transmitting company.…
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News about Bitcoin has been all over the web in the last week, but I’m sure many of you are wondering just what is Bitcoin? Or perhaps even wondering do I need to get some Bitcoins? The short answer is Bitcoin is digital money. And while there are many sites that will go into detail…
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