Tuesday, June 4, 2013

Breaking: WM-Center Bitcoin Exchange Seized by US Government


Return to this post for updates.


WM-Centet a well-known bitcoin exchange has been closed down by the U.S. Government. The domain has been seized by the United States Global Illicit Financial Team, with a warrant obtained in the district of Southern New York.


Coindesk reports:
The exchange had been around as an exchange for other digital currencies since 2005 (Bitcoin was created in 2009).[...] Attempts to visit the domain are greeted by an official U.S. government graphic stating the particulars of the warrant used to seize the domain, but nothing as to the details of the case. According to the BitCoin Wiki, the exchange supported transactions in US Dollars, the Euro, Russian Roubles, and Austrailian Dollars, and “… is an international company with offices and representatives in several countries, mainly Latin America and ex-USSR”.

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