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Founder of Liberty Reserve admits guilt and faces 75 years in prison

Discussion in 'BlackHat Lounge' started by Patel, Nov 1, 2013.

  1. Patel

    Patel Senior Member

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    75 years, damn. Thats the max number of years he is facing. A sentencing date has not yet been scheduled, but if Kats receives the maximum sentence for each charge, he faces 75 years behind bars.

    I know Liberty Reserve was a pretty big name in the online payments industry. I never used it, but I have seen people who accepted it.

    http://www.coindesk.com/founder-dig...y-reserve-admits-guilt-faces-75-years-prison/
     
  2. steelballs

    steelballs BANNED BANNED

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    That's what happens in the US they call it justice...:eek:

    Don't know why!
     
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  3. wisdomkid

    wisdomkid Jr. VIP Jr. VIP

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  4. Free Man

    Free Man Junior Member

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    more scary is the silk road story.. expecting a movie about it soon
     
  5. madguy

    madguy Newbie

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    he didn't bribe enough!!
     
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  6. todordonev

    todordonev Regular Member

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    6 billion dollaz money laundry?! man that guy sure has big washing machine.
     
  7. WorkHardL0veLife

    WorkHardL0veLife Regular Member

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    I've seen a lot of IM'ers request Liberty Reserve payments over the years. Crazy to see this play out.