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Author Topic: LR closed where all those money will go?  (Read 388 times)
Hex01 (OP)
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June 10, 2013, 07:36:39 AM
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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.
escrow.ms
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June 10, 2013, 08:47:59 AM
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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
naphto
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June 10, 2013, 09:37:32 AM
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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).
mprep
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June 10, 2013, 10:34:03 AM
 #4

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.

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