Digital Currency Company Accused Of Being Underworld’s Bank Of Choice | Talking Points Memo

In 2011, Arthur Budovsky, also known as Arthur Belanchuk, also known as Eric Paltz, decided to renounce his U.S. citizenship and become a citizen of Costa Rica. His company was developing software, Budovsky told U.S. immigration officials at the time, and he was concerned the software would open him up to liability in the U.S.But Budovsky’s move to Costa Rica now looks futile. On Tuesday, authorities in New York announced federal charges against him, his company, and six associates and former associates, and accused them of operating what was, in effect, “the bank of choice for the criminal underworld.”


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=88765