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The Almighty Buck

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

loqi 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?

1.79 x 10^12 furlongs per fortnight -- it's not just a good idea, it's the law!

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