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The Almighty Buck

+ - E-Gold Taken Down by Feds for Money Laundering

Submitted by loqi
loqi (754476) writes "Citing child pornographers and online scammers as the beneficiaries of an effectively anonymous payment system, the U.S. Department of Justice has filed charges of conspiracy and money laundering against the online payment system E-Gold. With advances in cryptographic techniques like Brands credentials and transparent servers, will money laundering laws continue to be enforceable?"

"It ain't so much the things we don't know that get us in trouble. It's the things we know that ain't so." -- Artemus Ward aka Charles Farrar Brown

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