Liberty Reserve is an online payment system and provider of digital gold currency (LR-gold). They are an offshore company incorporated in Costa Rica, launching their USD backed digital currency (LR-USD) in 2002 and they also have a Euro backed digital currency (LR-EUR). Their gold backed digital currency was launched in 2005. Liberty Reserve is a member of the Global Digital Currency Association (GDCA), a voluntary regulatory body in the industry.
Liberty Reserve's web site is suffering a massive DDoS attack since May 1, 2008 according to the information provided on their blog. It's not the first time the site is under a DDoS attack, the blog talks also about implementing a permanent solution to the problem.
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