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Topic: LR closed where all those money will go? (Read 410 times)

global moderator
Activity: 3794
Merit: 2612
In a world of peaches, don't ask for apple sauce
June 10, 2013, 05:34:03 AM
#4
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.



That does not really matter.
Even if some bitcoins are seized, it will not make bitcoin more useful (or useless).
They'll find a use for them.
sr. member
Activity: 392
Merit: 250
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.



That does not really matter.
Even if some bitcoins are seized, it will not make bitcoin more useful (or useless).
legendary
Activity: 1274
Merit: 1004
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.

US govt seized all money, for more info and discussions,check these threads

https://bitcointalksearch.org/topic/bitcoin-and-liberty-reserve-218047
https://bitcointalksearch.org/topic/liberty-reserve-shut-down-215719
https://bitcointalksearch.org/topic/liberty-reserve-shutdown-is-a-boost-for-bitcoin-218498
https://bitcointalksearch.org/topic/liberty-reserve-is-now-dead-good-news-for-bitcoin-216767
newbie
Activity: 48
Merit: 0
A lot of money been transacted via LR (1.4 bil) in last 5 months. With LR now down what implication for bitcoin exchanges can be. That can be real bad for bitcoins if bitcoins exchanges names will start appearing in indictments related to credit cards frauds and such.
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