I sense the history of e-gold repeating. Perhaps there has been a government raid or demands recently imposed upon liberty reserve? I see no other reason for them to suddenly start blocking accounts, going overdue in maintenance mode, acting unreliable and basically ruining their own business? Will be interesting to see this unfold, I am afraid we might see the death of LR. There is lots of business going on in LR that will need to find a new home. Shame to lose another good payment processor, but hey, maybe bitcoin can take its place?
It wouldn't surprise me if we just saw the last breath of LR. There was always the suspicion that it was a fractional operation. That the operators doubled as exchangers able to give themselves unlimited LR dollars, which they sold for Western Union payments or whatever. Such a scheme would collapse if the net-flow turned negative (like a ponzi).
The timing here is very suspicious, coming right after a peak in BTC price. That suggests other e-currencies were chasing BTC, a run which may have broken the LR bank.
