Digital currency Liberty Reserve has been shut down after U.S. and Costa Rican authorities arrested founder Arthur Budovsky Belanchuk in Spain. Central American newspaper The Tico Times reports that Budovsky was arrested Friday. Investigators say that Budovsky’s businesses in Costa Rica, including Liberty Reserve, were used to launder money for child pornography websites and drug trafficking. This isn’t the first time Budovsky has been in trouble with the law. Back in 2006, Budovsky and his partner Vladimir Kats were indicted in the United States on charges related to dealings with their business GoldAge. Authorities ... (full story)