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Liberty Reserve: Barclays aiding money-laundering probe

From bbc.co.uk

One of the accounts belonging to seized digital money service Liberty Reserve was held by UK bank Barclays in Spain. Liberty Reserve also had 17 bank accounts in Cyprus, papers filed by the US Department of Justice show. The BBC understands that the bank is not accused of any wrongdoing by the authorities. US authorities have accused Liberty Reserve of laundering more than $6bn (£4bn) in criminal cash. "Barclays can confirm it is co-operating with the investigation, following the notification it received from the authorities," a spokesman for the bank said on Sunday. The Barclays account was in the name of ... (full story)

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