Liberty Reserve shut down, Millions of Forex funds Trapped

Pin It

Digital currency website Liberty Reserve has been closed down once U.S. and Costa Rican authorities arrested its founder Arthur Budovsky Belanchuk in Spain. Central American Dailies, The Tico Times reports that Budovsky was apprenhended on Friday. Investigators say that Budovsky’s Investments in Costa Rica, as well as Liberty Reserve, were utilized to launder money for pornorgraphic websites and drug traffic.

liberty reserve

Liberty Reserve website has since been offline since Friday 24th May, 2013.
The digital currency processor is a very popular means of online money among emerging forex markets and leading brokers, especially in Countries that have underdeveloped banking systems.

Its extremely popular in Africa and Asia with daily transaction volumes among users running into millions of dollars and euros.

Pin It

InstaForex Nigeria Office, we do fast funding/withdrawals in Naira

Please call 08065167701 or email:

Or visit us at
Suite 12,Block A, Bola Tinubu Shopping Complex,
Besides Agege Local Govt Secretariat, Pen Cinema,
Agege, Lagos State.