What is the story behind US senators wanting to "crack down on Bitcoin" in mid-2011?

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There have been two US senators, Charles Schumer and Joe Manchin, wanting to "crack down on Bitcoin" in mid-2011. How did the story start, progress and did it reach any conclusion?

ThePiachu

Posted 2012-05-21T22:27:18.747

Reputation: 41 594

Answers

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There were some reports on Silk Road at the time, and they wanted action against Silk Road.

Matt Corallo

Posted 2012-05-21T22:27:18.747

Reputation: 324