BITCOIN FRIENDLY PAYZA AND OBOPAY FACING FEDERAL CRIMINAL INVESTIGATION

Payza was an early mover among “legitimate” money transfer services with regard to integrating Bitcoin payments, and as CCN reported about a year ago, one of the first to allow it both ways. You could deposit Bitcoin for sending payments and then receive payments in Bitcoin as well.
The service appears to still be operational, but there’s trouble in the waters for the London-based company. The DC US Attorney’s office updated its site on the 21st of October with a notice stating that the company is now facing a criminal investigation. The notice didn’t get too deep into the details of the allegations but did encourage people to contact the government if they had concerns regarding their account.
The United States government, including Homeland Security Investigations and the Washington, D. C. Financial Crimes Task Force, is currently conducting a criminal investigation. As part of that investigation, the United States Attorney’s Office for the District of Columbia has requested a United States District Judge to pause current civil litigation relating to Payza and Obopay. The Judge has paused the litigation until January 22, 2016.

This post was published at Crypto Coins News on 30/10/2015.