Wednesday, May 29, 2013

Richi Jennings: BUSTED: Feds seize Liberty Reserve domains (then they came for Bitcoin?)

  DOJ indicts Liberty Reserve for $6B in money laundering | Jonny Evans: Uh-oh: Now Apple threatens the banking system, a banker warns
 
  Financial IT

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Richi Jennings: BUSTED: Feds seize Liberty Reserve domains (then they came for Bitcoin?)
...and I didn't speak out, because I didn't use Liberty Reserve. The U.S. seizes libertyreserve.com and other domains used by the online payment processor. The DoJ alleges that digital currency service was a huge haven for illegal activity. But legitimate users cry collateral damage. In IT Blogwatch, bloggers ponder double-standards and fear for future fracas. Read More


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DOJ indicts Liberty Reserve for $6B in money laundering
The U.S. Department of Justice has indicted online payment processor Liberty Reserve for laundering US$6 billion in a series of global transactions, which the agency charges may be the largest international money laundering prosecution in history. Read More


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Jonny Evans: Uh-oh: Now Apple threatens the banking system, a banker warns
A senior banker has warned that the banking system is looking nervously to Apple and other tech firms, who it expects will eventually threaten the financial services industry -- so, will Apple take on the banks? Read More

Sharky: Details, details
Pilot fish accepts a contract to be the local hands-on tech to install a workstation at a local bank, and initially everything seems to go according to plan. He has everything he needs -- in fact, more than he needs. Read More

 

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