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Liberty Reserve was a Costa Rica-based centralized digital currency service that billed itself as the "oldest, safest and most popular payment processor, serving millions all around a world". The site had over one million users when it was shut down by the United States government.
Sep 26, 2020 · Liberty Reserve was a Costa Rica-based company that offered anonymous online payments using its own currency, LRs. It was shut down in 2013 by U.S. authorities who accused it of being a massive money laundering scheme.
Jan 29, 2016 · Arthur Budovsky pleaded guilty to running a global money laundering scheme with his digital currency business. Liberty Reserve was used by cybercriminals to launder millions of dollars from illegal activities.
Feb 14, 2020 · The U.S. government seized Liberty Reserve, a virtual currency service for cybercrime, in 2013. Now, some former users who filed claims may be contacted by IRS investigators to verify their eligibility for repatriation of funds.
May 31, 2013 · Liberty Reserve, the alternative-payment network and digital currency that federal prosecutors shut down a couple of days ago, was not, as it described itself, the Internet’s “largest payment...
Mar 15, 2024 · Founded in 2006, Liberty Reserve emerged as a pioneering Costa Rican company revolutionizing secure payment services with its electronic currency, Liberty Reserves (LRs). It offered customers a novel way to conduct transactions, enabling anonymity without divulging personal information.
Liberty Reserve was a digital currency exchange and payment processor that operated from 2006 to 2013. It was accused of money laundering and other crimes and was shut down by U.S. authorities.
