The operators of a global currency exchange ran a $6 billion money-laundering operation online, a central hub for criminals trafficking in everything from stolen identities to child pornography, federal prosecutors in
New York said on
The currency exchange, Liberty Reserve, operated beyond the traditional confines of
States and international banking regulations
in what prosecutors called a shadowy netherworld of cyberfinance. It traded in
virtual currency and provided the kind of anonymous and easily accessible
banking infrastructure increasingly sought by criminal networks.....