Economic

Liberty Reserve payment exchange shuttered after operators accused of money laundering

“Now that international law enforcement shut down a go-to money transfer service used by cyber criminals, the impact temporarily will be ‘devastating’ on the underground market.

The downfall of Liberty Reserve, a Costa Rica-based online business that allowed users to anonymously move money and convert digital currency, was solidified when its founder Arthur Budovsky was arrested Friday in Spain.”

Source:Liberty Reserve payment exchange shuttered after operators accused of money laundering – SC Magazine

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.