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Author Topic: Liberty Reserve shut down  (Read 3913 times)
escrow.ms
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May 27, 2013, 07:38:49 PM
 #41

This is why Satoshi can never reveal who he really is. As for LR I've never really trusted them, no auditing, run by shady potential russian mafia and of course centralized so all it takes is one arrest and the whole thing comes crashing down.

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True, but peoples and even companies were trusting LR because they were running site from a very long time,peoples moved thousand of dollars from here and there and no one got a single problem in past.
There was no chargeback, registration was easy, payments was anonymous and price was also stable that's why everyone adopted it fast.


One day same thing will happen with bitcoin too (US based companies, Online wallets will get seized) as most LR users (shady peoples)will move to bitcoin.

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May 28, 2013, 01:53:44 AM
 #42

I lost 2000$, I was just going to get them exchange but didn't found any legit exchanger.

Now all my money gone.

that's a lot of moola. sorry to hear about i. there's plenty of LR users in Malaysia too. not sure if they were affected.

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May 28, 2013, 08:02:38 AM
 #43

I lost 2000$, I was just going to get them exchange but didn't found any legit exchanger.

Now all my money gone.

that's a lot of moola. sorry to hear about i. there's plenty of LR users in Malaysia too. not sure if they were affected.

Currently everyone got affected including big exchanges, hosting/domain sites and many other business.
Sadly no one can do anything.

http://www.bbc.co.uk/news/technology-22680297

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May 28, 2013, 02:49:00 PM
 #44

Here is the legal BS if someone wants to see:

http://www.justice.gov/usao/nys/pressreleases/May13/LibertyReserveetalDocuments.php

Free offer: Injunction order !

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May 29, 2013, 07:02:38 AM
 #45

But I just had transfered $26 in it before it went down now what can I do I am new to crypto I have invested in a pc so that I can start mining but now I lost my money. I wish they return all the money back before permenant shutdown

You could always try to sue the feds... You will probably never see the money again. Govts loves to seize money and hold it up indefinately. In a perfect world, the operation would be dissolved and all account holders that are not investigated for something would've gotten their money back, but that's not how it works when the biggest bully in the schoolyard gets his way.

I really need my money back I don't know what to do now. If I had the power I would have killed that government that are not thinking of people loosing there money

Give Jim Bell a call.
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May 29, 2013, 07:07:24 AM
 #46

a guy on talkgold was even going to do suicide due to loss.

http://www.talkgold.com/forum/r391540-.html

I'm surprised the talkgold forum hasn't embraced Bitcoin more.

Actually it's a forex/HYIP investment based forum,so libertyreserve and other stable currencies are much popular between them.

Yep! Even Trendon used it, closing down a scheme the same exact time pirateat40 went dark.
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