WTF .. money laundering ?? we had a thread here saying what would happen if paypal just closed all of a sudden .. i guess you guys should now turn to moneybookers and paypal ..
The US Government has tried to push money laundering charges onto e-gold in the past as well but nothing happened. Longtime e-gold users have seen the threats come and go. E-gold still stands. BTW Im using e-gold for nearly 8 years now.
Its not closed. If you read the actual press release, it states that egold will continue to operate - it just will have fraud measures and identification measures added, as well as proper licensing as a money transmitting business. So, sounds like they are still open for business =)
This is great news as usual. We should all keep using e-gold. No other ecurrency upstart comes close.
Personally find e-gold to be a hassle...but that article is a pretty big deal. Gonna keep an eye on this.
It may be a blessing in disguise. E-Gold may be able to get rid of the undesirable image as a seedy operation and who knows, may turn out to be a real competitor to Pay Pal. Lets hope a stronger, cleaner and more competitive E-Gold emerge from this. I would definitely like a strong competitor for Pay Pal.
I am reading similar stories from last 2 years that e-gold will closed soon,but nothing happening,all rumours.
Like getjimmy, i also read they were charged for money LAUNDERING and was about to close . Still they web page opening here. Its really a horrible news whatever i don't have any account with e-gold. But i believe the end of E-gold began.
well they surrendered the fight, it's about time i think that's what US gov't wants to do all these years. Long live the IRS.