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Author Topic: U.S. Government Seizes  (Read 5359 times)
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May 28, 2013, 08:23:04 PM

Now that it's official, I figured I would make a post about it since it directly affects the future of bitcoin and was also a major bitcoin funding method.
U.S. federal law enforcement agencies on Tuesday announced the closure and seizure of Liberty Reserve, an online, virtual currency that the U.S. government alleges acted as “a financial hub of the cyber-crime world” and processed more more than $6 billion in criminal proceeds over the past seven years.

Relevant discussion threads:
Liberty Reserve shutdown is a boost for Bitcoin?
Liberty Reserve is now dead (Good News For Bitcoin ?)
Costa Rican (Liberty Reserve) arrested in Spain for alleged financial crimes
Liberty Reserve site shuttered. Is this the end? (Perfect Money reacted!)
Liberty Reserve shut down
Trading with Non-License Money Transmitters (aka lending BTC to ANYONE)

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