U.S. Feds shut down digital currency and payments service tied to $45 million ATM cash-out scheme. Authorities allege Liberty Reserve laundered funds linked to December 2012 and February 2013 cash-outs. Experts say lax and inconsistent laws in some countries are making schemes such as this easy to pull off. Five of those indicted remain at large in Costa Rica; 45 bank accounts were restrained or seized, and a civil action was filed against 35 other sites used to launder funds. The company allegedly laundered more than $6 billion in proceeds from credit card fraud, identity theft and other crimes.”]
Source: https://www.cuinfosecurity.com/feds-shutter-business-tied-to-cyberheist-a-5796