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May 18. 2013 10:27AM

Bitcoin ATM Robocoin makes money laundering easy

This week, the Department of Homeland Security took a quick and hard strike at MT Gox, the largest online exchange, serving its payment processor Dwolla with a warrant (later obtained by ars technica) to seize the MT Gox account. Dwolla is one of the preferred ways of getting government currencies in and out of MT Gox and the news caused temporary tremors throughout the Bitcoin community. Trading volume spiked and the exchange rate bobbled down to $106 before climbing back up.

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