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Liberty Reserve suspension and impact on criminal underground

Private currency exchange system Liberty Reserve was shut down by US law enforcement. It is considered most popular payment system by cyber criminals. It processed around 55 million transactions since 2006 until its suspension. The service was allegedly favored by cybercriminals and mules who took part in the recent Bank robbery of $45 million considered the biggest theft realized by a gang of hackers. The suspension of the payment service has a dramatic impact on the underground, but according security experts the effect will have a limited impact in the time.”]

Source: http://securityaffairs.co/wordpress/14790/cyber-crime/liberty-reserve-suspension-impact-on-criminal-underground.html

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