Important news about changes in e-Gold operation.
As a result of US Department of Justice intervention regarding criminal abuse of e-Gold, effective immediately new account creation has been suspended.
Also, autoexcangers have been requested to cease supporting exchanges to or from e-gold for the time being.
The following provisions are being added to the e-Gold User Agreement:
2.3. User agrees to not use e-gold in any manner that violates the laws of whatever jurisdiction to which the User is subject.
4.6.1.1. If e-gold investigators reasonably suspect that the e-gold account of User is being used to launder the proceeds of crime or for any other criminal purpose, Issuer may freeze the e-gold account and any other e-gold accounts of User. Additionally, at the sole discretion of Issuer, User will be subject to damages and other penalties, including criminal prosecution where available and the notification of the general public of User’s actions, at the sole discretion of Issuer.
Additionally, in about 6 to 9 months new feature will be implemented with aim to enforce a "one-human being/one e-gold User" rule which will enable e-gold to expell a User for criminal abuse of the system.
Read the full text on e-Gold official blog.

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