Mark Marmilev pleads guilty to conspiring to operate an unlicensed money transmitting business. He could face a maximum of five years in prison. U.S. prosecutors allege Liberty Reserve primarily served the cybercriminal underworld. The company transmitted US$6 billion worth of transactions from its launch in 2006, prosecutors say. It was shut down in May 2013 after Liberty Reserve allegedly engaged in various deceptions, including moving money outside of Costa Rica into shell companies and claiming it was shutting down its business.”]
Source: https://www.csoonline.com/article/2606375/cto-for-liberty-reserve-payment-network-pleads-guilty.html