USA Government arrested 5 domain names supposedly connected to Liberty Reserve organization, which is the electronic paying systems market player. There are dozens of domain names under suspition too.
USA Ministry of Justice accuses Liberty Reserve in money laundering. As stated in the Government Body the company made 55 mln illegal transactions to “launder” 6 bln USD. Moreover, the service owners are also accused of aiding fraudsters and child pornography distributing.
Because of the Liberty Reserve case in USA, Spain and Costa Rica 7 people were arrested. Moreover, USA Government confiscated 5 domain names belonging to the company - libertyreserve.com, exchangezone.com, swiftexchanger.com, moneycentralmarket.com and asianagold.com. Three confiscated domains were under management of the largest registrar Go Daddy, the other two were managed through other registrars. The domain names were handed to USA Government by the registry of .com domain by Verisign company according to the law decision.
At the moment the court is deciding upon confiscating 35 more domain names. Domain names which are mostly in .com zone, were supposedly used for illegal exchange of currencies for electronic money.
