"HSBC was to pay a $1.9 billion fine -- it's unlikely that Liberty Reserve would be able to come up with something of that order of magnitude" That was for $60

"HSBC was to pay a $1.9 billion fine -- it's unlikely that Liberty Reserve would be able to come up with something of that order of magnitude" That was for $60 Trillion in un-monitored transactions. The fine is very roughly ~ 1/32,000th of the total transaction dollars. Perhaps rather than shutting them down, the feds could fine them 1/32,000th of all of LR's un-monitored transaction? This "break the law to make money and pay the fine later on" is just part of the revenue model now. Fines are not a deterrent (in fact I think they are more appropriately called "bribes"), they are considered like insurance, or rent, or banking fees. All just part of the cost of making the most profit possible.