- Joined
- Mar 17, 2003
- Location
- Malaysia
Liberty Reserve, one of the biggest payment processor and money transfer system in the world has been shut down by the police on Friday May 24, 2013.
The system which is mainly used by the underworld and cybercrime criminals was shut down by the Costa Rican and USA Police Joint Raid.
I've found this news really interesting to follow as I do see many legitimate companies using and accepting Liberty Reserve as a form of payment for their products and etc. Even a few of my friends who are actually doing e-currency exchange was caught off-guard by this sudden shutdown and is currently having tens of thousands if not more in their system.
I truly wonder if they will be back again or not as there is not further news on this issue anywhere else at all. Not even the US or Costa Rican Government is putting out any news on this topic yet. However it could be seen that their website is not basically pointing to the nameservers of ShadowServer.
More about Shadow Server could be found at:
The biggest question right now which is going through everyone's mind is "Will Liberty Reserve Ever Come Back?"
The system which is mainly used by the underworld and cybercrime criminals was shut down by the Costa Rican and USA Police Joint Raid.
You do not have permission to view link
Log in or register now.
I've found this news really interesting to follow as I do see many legitimate companies using and accepting Liberty Reserve as a form of payment for their products and etc. Even a few of my friends who are actually doing e-currency exchange was caught off-guard by this sudden shutdown and is currently having tens of thousands if not more in their system.
I truly wonder if they will be back again or not as there is not further news on this issue anywhere else at all. Not even the US or Costa Rican Government is putting out any news on this topic yet. However it could be seen that their website is not basically pointing to the nameservers of ShadowServer.
More about Shadow Server could be found at:
You do not have permission to view link
Log in or register now.
The biggest question right now which is going through everyone's mind is "Will Liberty Reserve Ever Come Back?"