Illegal Proceeds: Liberty Reserve

Liberty Reserve: U.S. federal prosecutors announced criminal charges Tuesday against the operators of Liberty Reserve, a Costa Rica-based virtual-currency company that they accused of laundering $6-billion U.S. in illegal proceeds. More Related to this Story, according to Globe and Mail. CRIME Eight men charged in #039;massive #039; worldwide ATM heist Every financial institution has a target clientele and in this case, the regulars allegedly included cybercriminals, identity thieves, online fraudsters and child pornographers. Bitcoin virtual currency scrutinized by U.S. derivatives regulator (www.immigrantscanada.com). As reported in the news.