Bitcoin Forum

Other => Beginners & Help => Topic started by: Hex01 on June 10, 2013, 07:36:39 AM



Title: LR closed where all those money will go?
Post by: Hex01 on June 10, 2013, 07:36:39 AM
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.


Title: Re: LR closed where all those money will go?
Post by: escrow.ms on June 10, 2013, 08:47:59 AM
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.

US govt seized all money, for more info and discussions,check these threads

https://bitcointalk.org/index.php?topic=218047
https://bitcointalk.org/index.php?topic=215719
https://bitcointalk.org/index.php?topic=218498
https://bitcointalk.org/index.php?topic=216767


Title: Re: LR closed where all those money will go?
Post by: naphto on June 10, 2013, 09:37:32 AM
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.



That does not really matter.
Even if some bitcoins are seized, it will not make bitcoin more useful (or useless).


Title: Re: LR closed where all those money will go?
Post by: mprep on June 10, 2013, 10:34:03 AM
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.



That does not really matter.
Even if some bitcoins are seized, it will not make bitcoin more useful (or useless).
They'll find a use for them.