Tag Archives: liberty reserve
- Mt. Gox to log Bitcoin purchases and withdrawals in bid for respectability
June 1, 2013
The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky Calvery denies that the recent crackdown on digital currency purveyors Liberty Reserve is part of a crusade against all non-fiat currencies. Calvery told American Banker that Liberty Reserve’s takedown “was against one financial institution and one type of...
- DoJ indicts Liberty Reserve, “the bank of choice for the criminal underworld”
May 28, 2013
The US Department of Justice unsealed indictments against Costa Rica-based digital currency purveyors Liberty Reserve (LR) on Tuesday, charging the company and seven individuals with conspiracy to commit money laundering and operating an unlicensed money transmitting business. The move follows the arrest on Friday in Spain of site founder Arthur...
- Liberty Reserve shuts down; founder arrested in Spain
May 27, 2013
Digital currency Liberty Reserve was shut down last Thursday after founder Arthur Budovsky Belanchuk was arrested in Spain as part of a money laundering investigation between law enforcement agencies in the US and Costa Rica involving suspicions that Budovsky was involved in money laundering using numerous shell companies that were...