Difference between revisions of "E-gold"
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| − | e-gold is a now defunct gold [[digital currency|digital currencies]] | + | e-gold is a now defunct gold [[digital currency|digital currencies]] operated by Gold & Silver Reserve Inc. under e-gold Ltd. that allowed the instant transfer of gold ownership between 1996 and 2009, when transfers were suspended due to legal issues. e-gold Ltd. was incorporated in Nevis, Saint Kitts and Nevis with operations conducted out of Florida, USA. |
==History== | ==History== | ||
| + | |||
| + | e-gold was founded in 1996 by Dr. Douglas Jackson and Barry K. Downey. | ||
| + | The number of e-gold accounts (as claimed by e-gold) grew from 1 million in November 2003 to 3 million on 22 April 2006. In 2008, the company reported more than 5 million accounts | ||
| + | |||
| + | The United States Treasury issued a report on January 11, 2006 titled U.S. Money Laundering Threat Assessment<ref>[https://www.treasury.gov/resource-center/terrorist-illicit-finance/Documents/mlta.pdf U.S. Treasury Report on January 11, 2006, U.S. Money Laundering Threat Assessment], U.S. Treasury</ref> which G&SR believed was evidence favorable to its legal case as explained in its January 20, 2006 Letter,<ref>[https://web.archive.org/web/20060322134922if_/https://www.e-gold.com/letter2.html January 20, 2006 Letter, e-gold welcomes US Government review of its status as a privately issued currency], e-gold blog via Wayback Machine</ref> apparently confirming that e-gold accounts were excluded from the definition of "currency" under the United States Congress and Code of Federal Regulations definitions. | ||
| + | |||
| + | In 2007 the US Federal government accused e-gold of money laundering and other crimes and closed down several exchanges. E-gold began to cooperate with prosecutors to monitor transactions, despite this, e-gold itself was then indicted and forced to block all accounts and transfers. | ||
==See Also== | ==See Also== | ||
| − | + | * [[GoldMoney]] | |
| + | * [[e-bullion]] | ||
| + | * [[Pecunix]] | ||
| + | * [[1mdc]] | ||
| + | * [[e-dinar]] | ||
| + | * [http://www.runtogold.com/goldmoney/bitgold-review/ Bitgold] | ||
==External Links== | ==External Links== | ||
Latest revision as of 06:54, 17 December 2018
e-gold is a now defunct gold digital currencies operated by Gold & Silver Reserve Inc. under e-gold Ltd. that allowed the instant transfer of gold ownership between 1996 and 2009, when transfers were suspended due to legal issues. e-gold Ltd. was incorporated in Nevis, Saint Kitts and Nevis with operations conducted out of Florida, USA.
History
e-gold was founded in 1996 by Dr. Douglas Jackson and Barry K. Downey. The number of e-gold accounts (as claimed by e-gold) grew from 1 million in November 2003 to 3 million on 22 April 2006. In 2008, the company reported more than 5 million accounts
The United States Treasury issued a report on January 11, 2006 titled U.S. Money Laundering Threat Assessment[1] which G&SR believed was evidence favorable to its legal case as explained in its January 20, 2006 Letter,[2] apparently confirming that e-gold accounts were excluded from the definition of "currency" under the United States Congress and Code of Federal Regulations definitions.
In 2007 the US Federal government accused e-gold of money laundering and other crimes and closed down several exchanges. E-gold began to cooperate with prosecutors to monitor transactions, despite this, e-gold itself was then indicted and forced to block all accounts and transfers.
See Also
External Links
- e-gold web site
- e-gold e-gold wikipedia page
- ↑ U.S. Treasury Report on January 11, 2006, U.S. Money Laundering Threat Assessment, U.S. Treasury
- ↑ January 20, 2006 Letter, e-gold welcomes US Government review of its status as a privately issued currency, e-gold blog via Wayback Machine
