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Liberty Reserve E-currency Shut down after $6b transactions
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A CLizzy Offline
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Liberty Reserve E-currency Shut down after $6b transactions
http://www.dailymail.co.uk/news/article-...ds-newsxml

How do you think this will effect bitcoin?

I can see the value of Bitcoin rising after this incident?
(This post was last modified: 05-28-2013 07:00 PM by A CLizzy.)
05-28-2013 06:57 PM
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el mechanico Offline
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RE: Liberty Reserve E-currency Shut down after $6b transactions
Let's hope so I'm all in them right now.
05-28-2013 07:51 PM
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xsplat Offline
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RE: Liberty Reserve E-currency Shut down after $6b transactions
The news stories about this are near universally heavily slanted pro-government propoganda. It's astounding. It's as if the government itself is directly writing the news.

Ugly.

LR is being painted as little more than a money laundering vehicle for criminals and child molesters. The anonymity of it is being painted as substantially different than the anonymity of cash, and inherently criminal.

Searching out the real story of what is going on, with reference to laws about jurisdiction and what has happened to the money is very difficult - the "news stories" just drone on and on and on with the fucking propoganda. As if that's the story!

I must have been stupidly naive, because it's shocking to read news outlet after news outlet regurgitate from the same simplistic template their carbon copy version of government spoon fed propaganda. Almost as if they are using article re-writing software that gives output that barely passes copyscape.

Holy fascist control Batman! The media IS the government! And what's worse is that it's an international global government. The ubiquitousness of this single voice is shocking and is beyond belief. This is an extreme outrage. Every fucking news outlet is copy pasting directly from the US and World Government Official Position.

Puke.
(This post was last modified: 05-28-2013 11:59 PM by xsplat.)
05-28-2013 11:52 PM
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loki Offline
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Post: #4
RE: Liberty Reserve E-currency Shut down after $6b transactions
(05-28-2013 11:52 PM)xsplat Wrote:  The news stories about this are near universally heavily slanted pro-government propoganda. It's astounding. It's as if the government itself is directly writing the news.

Ugly.

LR is being painted as little more than a money laundering vehicle for criminals and child molesters. The anonymity of it is being painted as substantially different than the anonymity of cash, and inherently criminal.

Searching out the real story of what is going on, with reference to laws about jurisdiction and what has happened to the money is very difficult - the "news stories" just drone on and on and on with the fucking propoganda. As if that's the story!

I must have been stupidly naive, because it's shocking to read news outlet after news outlet regurgitate from the same simplistic template their carbon copy version of government spoon fed propaganda. Almost as if they are using article re-writing software that gives output that barely passes copyscape.

Holy fascist control Batman! The media IS the government! And what's worse is that it's an international global government. The ubiquitousness of this single voice is shocking and is beyond belief. This is an extreme outrage. Every fucking news outlet is copy pasting directly from the US and World Government Official Position.

Puke.


the important thing to remember here is you can only launder money if you are someone like Citibank, UBS and or HSBC and co, if you are not then you will be prosecuted to the full extent of the so called law and then some!

read the comments attached to this krebs posting for a more balanced view on whats taken place;

http://krebsonsecurity.com/2013/05/u-s-g...serve-com/
05-29-2013 01:52 AM
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tiggaling Offline
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Post: #5
RE: Liberty Reserve E-currency Shut down after $6b transactions
(05-29-2013 01:52 AM)loki Wrote:  the important thing to remember here is you can only launder money if you are someone like Citibank, UBS and or HSBC and co, if you are not then you will be prosecuted to the full extent of the so called law and then some!

I only really understood this recently when I heard a story from a very reliable source which confirmed what you are saying here.
05-29-2013 03:02 AM
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tiggaling Offline
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Post: #6
RE: Liberty Reserve E-currency Shut down after $6b transactions
I guess you get introduced to the big bank, by one of those old mob guys who already has an account, and they send a truck over and collect your 30 million in Cash and setup your account on the spot. too easy!
05-29-2013 03:03 AM
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loki Offline
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Post: #7
RE: Liberty Reserve E-currency Shut down after $6b transactions
(This post was last modified: 05-29-2013 03:31 AM by loki.)
05-29-2013 03:28 AM
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