Dwolla just kicked out their biggest customer via TOS: Bitcoin

It has been pointed out since the beginning that Dwolla's original business model (pretending that reversible ACHs are irreversible) was untenable when combined with Bitcoin. Then they decided to pass all the risk on to the Bitcoin exchanges, which made it mostly pointless for the exchanges to use Dwolla anyway. Now they're just cleaning up loose ends.

I can't verify whether this is accurate, but: https://bitcointalk.org/index.php?topic=77605.msg868108#msg8...

from the forums: (00:52:52) MagicalTux: we have written consent from Dwolla, basically now Dwolla has "normal" merchant accounts, and "special" merchant accounts with extra requirements

It's odd to see a story being broken on reddit only. The speed at which large amounts of people are able to locate a primary source is outpacing the speed at which media outlets are able to write up stories based off the primary sources. Distressing.