Liberty Reserve

Private Digital Currency Founder Jailed for 20 Years

The founder of Liberty Reserve, a private digital currency system that was a predecessor of bitcoin, has been sentenced to 20 years in prison.

Policy & regulation  ·  9 May 2016

Liberty Reserve Founder Loses Bid to Dismiss Federal Indictment

A US district judge has denied a motion by the one of the founders of Liberty Reserve to dismiss a federal indictment filed two years ago.

Policy & regulation  ·  24 September 2015
Crime

Liberty Reserve IT Manager Pleads Guilty to Money Laundering Charges

Maxim Chukharev, the former IT manager of Liberty Reserve, has pleaded guilty to operating an illegal money transmitting business.

Policy & regulation  ·  24 September 2014
Crime

Founder of Liberty Reserve admits guilt and faces 75 years in prison

Vladimir Kats, co-founder of Liberty Reserve, has pleaded guilty to a number of charges including money laundering.

Policy & regulation  ·  1 November 2013
Exchanges

Mt. Gox stops using Technocash, linked by US to Liberty Reserve

Starting June 15, the Mt. Gox bitcoin exchange will stop allowing funds and withdrawals through the Australian Technocash service.

Markets  ·  4 June 2013
Regulation

FinCEN boss lays out Bitcoin rules

The boss of US regulator FinCEN has outlined what Bitcoin exchanges need to do to keep the feds happy and stay out of prison.

Policy & regulation  ·  31 May 2013
Regulation

Liberty Reserve’s lesson: Don’t take liberties with the law

Whether you use “real” government-backed fiat or a distributed digital currency, what you use it for is subject to laws and regulations of many kinds.

Policy & regulation  ·  28 May 2013
Exchanges

Liberty Reserve exchange shuts down, founder arrested

Liberty Reserve, a Costa Rica-based private currency exchange with its own digital currency, has shut down and its founder charged with money laundering.

Markets  ·  26 May 2013