May 10, 2007

US hunt down E-gold

E-Gold Indicted for Money Laundering

Pity, it was a convenient and fast way to get money.
Yes, it was a favorite payment system for fraudsters, casinos, and others. But it was a good way for hundreds of thousands of programmers in Europe and Asia to get payments from the western customers.
Will there be less fraud when e-gold get closed? I am sure it will not.
But US government decided to kill rats by burning the house.
Now we (web developers) got one more problem in our lifes.

2 comments:

Mark said...

Well they are still open and operating -business as usual- but no one knows how long that will last. You can take a look at Pecunix Digital Gold Currency and Webmoney Digital Currency
These are both popular and very successful operations, neither of which as legal problems. I use these to pay associates in Egypt and Europe.

Mark
DigitalMoneyWorld

Keep On Walking! said...

I would also add a notice about AlertPay (http://alertpay.com/). It looks very interesting, though they really slow down with delivering what they promised - years pass but the service is still not 100% operational. Also, I did not manage to get a verified status.