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Illiquid: Liberty Reserve Gone, Cybercrooks Look For Alternatives

ID: 93184579-69a9-5175-a77f-00e571d811ba

STIX ID: report--93184579-69a9-5175-a77f-00e571d811ba

Feed Name: Security Ledger

Threat Score
60/100

Date Published: 2013-05-29

Date Updated: 2026-04-26

Author: Paul Roberts

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**Executive Summary:** Authorities seized Liberty Reserve and related domains and arrested founder Arthur Budovsky in a joint US–Costa Rican action that alleges the operation processed roughly $6 billion in illicit transactions; the takedown disrupted underground payment channels, prompted fraudsters to migrate to alternatives like Perfect Money and Bitcoin, and exposed transaction records that could enable further law enforcement actions.

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