Quote:
Originally Posted by edgeprod
Not to break the circle-jerk, but he was arrested for money laundering related to illegal purchases on Silk Road. Just because he used Bitcoin put him in no greater risk.
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Arrest yes, it needs bad stuff evidence. But to have the bank pull you or freeze your funds (just the bank, not any police or law), it is enough to have anything to do with bitcoin - according to lots of banks.
Most or all the adult sites use bitpay.com , not because they are unable to develop a bitcoin payment page (it is not complicated, needs to host bitcoind etc.), but because keeping separate entity and bank for bitcoin and fiat money.
As someone noted, I would be afraid to keep same bank and name for bitcoin and visa/mc, since banks are so easy to freeze funds, kick out whoever is known to have transacted bitcoins for whatever legal reason.