Media efforts to identify Satoshi Nakamoto highlight two major problems with the bitcoin market: It's too easily manipulated and too vulnerable to the nation-states it was meant to transcend.
The U.S. Department of Justice said Carl Mark Force and Shaun Bridges kept a large amount of the Bitcoin from undercover transactions made as part of efforts in 2013 to find evidence against Silk Road mastermind Ross Ulbricht, or "Dread Pirate Roberts."
Yet another company has decided to take bitcoin. Expedia, the travel-booking company based in Bellevue, Washington, says that customers will now be able to spend their hard-earned cryptocurrency on hotel stays.
Charlie Shrem, who became a tycoon at 24 in the virtual currency Bitcoin, was arrested Monday and charged with money laundering in connection with a scheme to sell more than $1 million in bitcoins to people trafficking drugs on the Silk Road website.
