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Other => Off-topic => Topic started by: Yuri. on June 05, 2013, 04:26:56 AM



Title: How did the U.S. government shut down Liberty Reserve?
Post by: Yuri. on June 05, 2013, 04:26:56 AM
I still don't get it. I understand the charges and the arrest, even though it was in Spain (as the U.S. can issue an international arrest warrant), but how could they shut down the entire business and website if it they were based in Costa Rica?


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: Lethn on June 05, 2013, 06:44:46 AM
It depends, they could either attack it remotely using the same techniques hackers use, or they could just trace where the server is and storm the building, they've used the second tactic a number of times on filesharers despite them being in international territory. Very rarely do the Americans in particular respect a country's sovereignty, they'll usually either threaten, bribe or negotiate their way in but if it comes to it they'll just go ahead and invade the place without giving a damn.

Everyone hates them for a reason, there's also a reason behind why people call them out on them thinking they are the police of the world, you can't just randomly raid peoples houses and not expect to get backlash and the same goes for raiding other countries.


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: 01BTC10 on June 05, 2013, 06:47:26 AM
The US can legally seize any .com domain.

http://en.wikipedia.org/wiki/.com


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: mprep on June 05, 2013, 02:34:18 PM
Guess US has more power then we thought.  :-X


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: Yuri. on June 05, 2013, 04:02:39 PM
The US can legally seize any .com domain.

http://en.wikipedia.org/wiki/.com
If it's all about this they could easily start using another domain


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: 01BTC10 on June 05, 2013, 09:14:30 PM
The US can legally seize any .com domain.

http://en.wikipedia.org/wiki/.com
If it's all about this they could easily start using another domain
Yes they could but LR owner got arrested.


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: cryptopi on June 05, 2013, 10:55:50 PM
I was going to use them to buy BTC - so glad I didn't


Title: Re: How did the U.S. government shut down Liberty Reserve?
Post by: mprep on June 05, 2013, 10:59:18 PM
I was going to use them to buy BTC - so glad I didn't
I did too. Not too long ago. Glad I didn't buy.