Federal law enforcement officials in the United States seized domains belonging to the Costa Rican-based Liberty Reserve, a payment processor, money transfer service, and digital currency exchange reportedly used by criminals as a means for laundering money.
Liberty Reserve was also the subject of an indictment issued by the United States District Court for the Southern District of New York. Signed by U.S. district attorney Preet Bhahara, the indictment accuses Arthur Budovsky, Vladimir Kats, Ahmed Yassine Abdelghani, Allan Esteban Hidalgo Jimenez, Azzeddine El Amine, Mark Marmilev, and Maxim Chukharev of one count of conspiracy to commit money laundering and two counts of conspiracy to operate an unlicensed money transmitting business. The charges leveled against these seven men stem from their varying degrees of involvement with the operation of the exchange.
Liberty Reserve was also the subject of an indictment issued by the United States District Court for the Southern District of New York. Signed by U.S. district attorney Preet Bhahara, the indictment accuses Arthur Budovsky, Vladimir Kats, Ahmed Yassine Abdelghani, Allan Esteban Hidalgo Jimenez, Azzeddine El Amine, Mark Marmilev, and Maxim Chukharev of one count of conspiracy to commit money laundering and two counts of conspiracy to operate an unlicensed money transmitting business. The charges leveled against these seven men stem from their varying degrees of involvement with the operation of the exchange.
