Saturday, June 13, 2009

Bullion and Bandits: The Improbable Rise and Fall of E-Gold

Wired magazine, on June 9, 2009, published this excellent account of the e-gold business in the wake of the federal investigation entitled "Bullion and Bandits: The Improbable Rise and Fall of E-Gold". Also included in the article is probably the most telling photo (above) of friend Doug Jackson on the floor surrounded by file boxes labeled U.S. Secret Service.

E-Gold founder Doug Jackson wanted to solve the world's economic woes, "but instead got an electronic ankle bracelet for his trouble (below)."

For further reading:
"Let's talk about Doug", StakeVentures, July 1, 2009
"Special e-gold Issue", DGC Magazine, December 2008
"How the Man finally brought e-gold down", StakeVentures, July 22, 2008
"E-gold founders to plead guilty?", Financial Cryptography, July 22, 2008
"U.S. v. E-gold, Ltd. - Judge's Opinion", Westlaw 550 F.Supp2d 82, May 8, 2008
"60 e-gold Exchange Agents, Who’s Still Alive? You Might Be Surprised…", Mark Herpel, American Chronicle, July 22, 2007
"E-Gold Gets Tough on Crime", Wired, December 11, 2006
"Gold Rush", Business Week, January 9, 2006
"Letter from Dr. Douglas Jackson", Chairman of e-gold, Ltd., January 6, 2006
"In Gold We Trust", Wired, January 2002

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