{"id":151,"date":"2013-10-30T18:42:56","date_gmt":"2013-10-30T18:42:56","guid":{"rendered":"https:\/\/wncen.com\/?p=151"},"modified":"2020-10-07T11:42:10","modified_gmt":"2020-10-07T11:42:10","slug":"riaa-complains-us-government-pirate-bay-bitcoin-donations","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/riaa-complains-us-government-pirate-bay-bitcoin-donations\/","title":{"rendered":"RIAA Complains US Government About Pirate Bay Bitcoin Donations"},"content":{"rendered":"
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In what has been described as a list of “notorious websites,” the RIAA (Recording Industry Association of America) has alerted the US Government to The Pirate Bay’s actions to accept Bitcoins as a form of donation:<\/p>\n
“In April 2013, the site started accepting donations from the public by Bitcoin, a digital currency, which operates using peer-to-peer technology,” the organization notes.<\/p>\n
The RIAA’s concern? Their inability to have the currency seized and traced.<\/p>\n
<\/p>\n
“There are no central authority or banks involved which makes it very difficult to seize or trace Bitcoin funds. In May 2013, the site also started accepting Litecoin, another peer-to-peer based internet currency.”<\/p>\n
Thus far, The Pirate Bay has collected over $20,000 USD to date between two addresses.<\/p>\n