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Old 05-29-2013, 01:24 AM  
AdultKing
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Join Date: Jun 2003
Location: Outback Australia
Posts: 15,605
Quote:
Originally Posted by crucifissio View Post
wow just like e-gold and 1mdc...

liberty reserve was, as far as e-currencies go, a pretty legit act....they made a "semi" effort of enforcing KYC regulations and what not...
They made no effort to enforce KYC regulations, on the contrary they went to significant lengths to ensure that they had as little information as possible about the nature of what their customers were doing.

Furthermore they created a fake set of accounts accessible to the Costa Rican authorities on the Liberty Reserve platform to attempt to get around financial tracking requirements.
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