Bitcoin Forum
December 08, 2016, 08:16:03 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Liberty Reserve down?  (Read 2066 times)
cryptoanarchist
Hero Member
*****
Offline Offline

Activity: 896



View Profile
July 14, 2011, 03:47:04 PM
 #1

Am I the only one getting this message when I try to login?:


Quote
Liberty Reseve service is undergoing scheduled maintenance.

Please try to visit again in a couple of hours.

We apologize for the inconvenience.


It's been like that for two days now and I need to move some money around.
1481184963
Hero Member
*
Offline Offline

Posts: 1481184963

View Profile Personal Message (Offline)

Ignore
1481184963
Reply with quote  #2

1481184963
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481184963
Hero Member
*
Offline Offline

Posts: 1481184963

View Profile Personal Message (Offline)

Ignore
1481184963
Reply with quote  #2

1481184963
Report to moderator
1481184963
Hero Member
*
Offline Offline

Posts: 1481184963

View Profile Personal Message (Offline)

Ignore
1481184963
Reply with quote  #2

1481184963
Report to moderator
1481184963
Hero Member
*
Offline Offline

Posts: 1481184963

View Profile Personal Message (Offline)

Ignore
1481184963
Reply with quote  #2

1481184963
Report to moderator
FractalUniverse
Full Member
***
Offline Offline

Activity: 136



View Profile
July 14, 2011, 08:11:59 PM
 #2

I can log in into my account. no problems at all

BitFinex.com Leveraged BTC and LTC trading. Fee discount code: wm8ibCC9Ve
BEST bitcoin mining pool: https://bitcoin.triplemining.com
my ORBitcoin address: oRXnDBdL75vuTmWi45UX7GiscwaDmSRgLS
cryptoanarchist
Hero Member
*****
Offline Offline

Activity: 896



View Profile
July 14, 2011, 09:21:09 PM
 #3

Thanks. I had a feeling something fishy was going on.

Turns out they updated their server and google chrome isn't running the new script right. I switched to IE and its working on that crappy browser.
rizzn
Member
**
Offline Offline

Activity: 106



View Profile WWW
July 15, 2011, 07:10:00 PM
 #4

Thanks. I had a feeling something fishy was going on.

Turns out they updated their server and google chrome isn't running the new script right. I switched to IE and its working on that crappy browser.

Meh. I've tried three times to get an account with LR. They never send the confirmation email, and emails to support are never answered. I know many people swear by them, but I wouldn't touch them with a ten foot pole at this point.

founding editor for the SiliconANGLE network.
Bitrated user: rizzn.
Fireball
Hero Member
*****
Offline Offline

Activity: 673


View Profile WWW
July 16, 2011, 08:55:07 AM
 #5

Meh. I've tried three times to get an account with LR. They never send the confirmation email, and emails to support are never answered.

Did you check your "Spam" folder or the anti-spam filter? Smiley

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
rizzn
Member
**
Offline Offline

Activity: 106



View Profile WWW
July 18, 2011, 12:13:31 AM
 #6

Meh. I've tried three times to get an account with LR. They never send the confirmation email, and emails to support are never answered.

Did you check your "Spam" folder or the anti-spam filter? Smiley

Yeah. Spam, trash, watched it all like a hawk. Even tried again disabling all my mail filters for an hour. No luck. Problem's not with my inbox.

founding editor for the SiliconANGLE network.
Bitrated user: rizzn.
cryptoanarchist
Hero Member
*****
Offline Offline

Activity: 896



View Profile
July 19, 2011, 02:46:20 PM
 #7

Keeps getting weirder. Now I can't get to any page on their site except through proxy.
stash
Full Member
***
Offline Offline

Activity: 167

btcmy.net


View Profile WWW
May 25, 2013, 04:29:31 AM
 #8

LR down again,

thing behaving more worst as an article from this site :

Costa Rican arrested in Spain for alleged financial crimes

http://www.ticotimes.net/More-news/News-Briefs/Costa-Rican-arrested-in-Spain-for-alleged-financial-crimes_Friday-May-24-2013

Tehtarik Fund : 1KxyB3iauJzLvDnZuchekGkB2D7p4UMvuq
BTCitcoin : Mathematical Logic to Eliminate Human Greed
BTCscraper
Full Member
***
Offline Offline

Activity: 167



View Profile
May 28, 2013, 03:48:53 PM
 #9

WSJ: U.S. Alleges $6 Billion Money-Laundering Operation

By REED ALBERGOTTI

Federal prosecutors have accused digital-currency company Liberty Reserve, and its founder, of running a $6 billion money-laundering operation that became a "bank of choice for the criminal underworld."

The case, described on Tuesday by federal prosecutors in Manhattan as one of the biggest money-laundering operations ever uncovered, comes just months after regulators warned that digital currency exchanges should follow traditional antimoney-laundering rules.

Prosecutors in Manhattan said that they arrested five of the seven men charged—including Arthur Budovsky, the founder of the company—late last week in Spain, Costa Rica, and New York. Prosecutors charged them with money laundering and with operating an unlicensed money transmitting business. The two other two men are at large, said prosecutors, who added that they will be seeking extradition.

According to an indictment unsealed Tuesday, Mr. Budovsky and six others created Liberty Reserve, based in Costa Rica, for the sole purpose of setting up a digital currency exchange that could be used to launder money. The indictment alleged the operation laundered the money through 55 million separate transactions for at least one million users globally.

A spokesman for Liberty Reserve could not immediately be reached for comment. Mr. Budovsky could not be immediately reached for comment.

Prosecutors also accused the company, its founder and employees of using Liberty Reserve accounts to commit crimes involving credit card fraud, identity theft, investment fraud, computer hacking, child pornography and narcotics trafficking.

A senior law-enforcement official described Liberty Reserve as a shadow banking system for cybercriminals and said Tuesday's case may push regulators to look even more closely at other virtual currencies.

"This business [Liberty Reserve] is different than some of the others—I'm not going to lump it in together—but it certainly illustrates well how hard it can be to regulate this type of currency world, especially as they branch out into all these other countries," the official said.

In order to convert traditional currency into Liberty Reserve dollars, customers were required to use third-party "exchangers," who would then forward the money to Liberty Reserve, according to the indictment. Prosecutors said that allowed Liberty Reserve to avoid a "financial paper trail."

In addition to the criminal charges, prosecutors said they seized 45 bank accounts and five domain names allegedly used for the operation, including the domain name of Liberty Reserve. Prosecutors said on Tuesday that the investigation involved law enforcement actions in 17 countries.

Mr. Budovsky and one of the other alleged co-conspirators were convicted in 2006 on similar charged for running E-Gold, another digital money transmitting business, prosecutors said.

Prosecutors said that after his conviction, Mr. Budovsky gave up his U.S. citizenship, citing concerns to immigration officials that software he was developing "might open him up to liability in the U.S." Mr. Budovsky then moved to Costa Rica, where he set up Liberty Reserve.

In 2011, Liberty Reserve ran into trouble with Costa Rican authorities, according to the indictment, who cited concerns that the company didn't have tight enough money-laundering controls. Then, Mr. Budovsky "went underground," the indictment says, and continued to operate in Costa Rica using a "stripped-down staff working out of an office space held in the name of shell companies," the indictment says.

—Jeffrey Sparshott contributed to this article.

Butterfly Labs has a different interpretation of the FTC Mail Order Rule.  You do not have a refund option with the BFL Monarch no matter how late they ship.
"... In the middle of difficulty lies opportunity." -- Albert Einstein
"Luck is a dividend of sweat. The more you sweat, the luckier you get." -- Ray Kroc
flyonwall
Full Member
***
Offline Offline

Activity: 234


Centerus Inc


View Profile
May 28, 2013, 04:56:30 PM
 #10

From the Wall Street Journal today:

Liberty Reserve Accused of Running $6 Billion Money Laundering Operation
Federal prosecutors have accused Liberty Reserve, a digital currency company, and its founder of running a $6 billion money laundering operation that became a "bank of choice for the criminal underworld."
The case, described by federal prosecutors in Manhattan as one of the biggest money-laundering schemes ever uncovered, comes just months after regulators warned that digital currency exchanges should follow traditional antimoney laundering rules.

kevindeangelis
Full Member
***
Offline Offline

Activity: 140


WhereToMine.com


View Profile WWW
May 28, 2013, 07:34:13 PM
 #11

yep, here's the post on MSNBC:
http://redtape.nbcnews.com/_news/2013/05/28/18560809-feds-shut-down-financial-hub-of-the-cyber-crime-world?lite

joesmoe2012
Hero Member
*****
Offline Offline

Activity: 742


Ching-Chang;Ding-Dong


View Profile WWW
May 28, 2013, 07:50:51 PM
 #12

rrrrg, I had money there.

This US govt stealing my money because they are charing someone with a crime is a bunch of shit.

I had nothing todo with these guys, the us is suppose to protect me, not steal my money.

this is BS

manfred
Hero Member
*****
Offline Offline

Activity: 924


Energy is Wealth


View Profile
May 29, 2013, 07:30:03 AM
 #13

Well the Banksters tolerated Liberty Reserve to operate for 7 years. Now its Worldwide Headline news as if they just found out that it exists. They simply picked the time it suited them best to act. You have to dance to the music the system plays otherwise the will come after you. Its only a matter of time.
Xch4ng3
Sr. Member
****
Offline Offline

Activity: 463



View Profile WWW
May 29, 2013, 09:43:57 PM
 #14

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

Indictment documents revealed.

cryptoanarchist
Hero Member
*****
Offline Offline

Activity: 896



View Profile
May 30, 2013, 01:24:37 PM
 #15

It's like Liberty Dollar all over again.  Angry These fucking Feds are once again treading where they clearly have no jurisdiction.

They had to black out the agent's name in the docs because they know that they're the real criminals.
abednego
Jr. Member
*
Offline Offline

Activity: 58



View Profile WWW
May 30, 2013, 09:09:06 PM
 #16

While Bitcoin is not specifically mentioned it does not bode well that the indictment specifically refers to "virtual online currencies."

http://consultcoin.com
Electronic Wealth Consulting
Nova!
Full Member
***
Offline Offline

Activity: 140


View Profile
May 31, 2013, 06:46:23 AM
 #17

rrrrg, I had money there.

This US govt stealing my money because they are charing someone with a crime is a bunch of shit.

I had nothing todo with these guys, the us is suppose to protect me, not steal my money.

this is BS

You actually have rights, you know that right?  Your money hasn't been stolen.  It's been frozen by the feds, they don't know who you are and that's one reason LR was shut down.  They didn't do this to you, you just got caught up in it.  You need to track down the indictment and send a letter to the judge indicating that you had funds on deposit there and are being adversely impacted by this case.  As long as you can prove your source of funds you may even be able to convince the judge to release your funds to you.  Failing that you can petition the court to establish receivership over the assets held there.
Depending on how much you had in there you may also want to retain a lawyer and if enough people have been effected by this then a class action might be needed to get the whole mess sorted out.

Donate @ 1LE4D5ERPZ4tumNoYe5GMeB5p9CZ1xKb4V
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!