Founder of 'Liberty Reserve' Sentenced to 20 years in Prison

In Brief
Arthur Budovsky, co-founder of popular digital currency business 'Liberty Reserve', was sentenced Friday to 20 years in prison for running a money laundering scheme for hackers, identity thieves, child pornographers and drug dealers around the globe.

Since its inception, 2005, to the year 2013, when Liberty Reserve was shut down by authorities, the company processed more than $8