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.