As many probably know, a federal grand jury in Washington, D.C. has indicted E-Gold Ltd and Gold & Silver Reserve, Inc operating a digital currency business and their owners on charges of money laundering. An indictment is merely an accusation and the defendants are presumed innocent unless and until proven guilty. However if it still being penalized, it will not affect current e-gold users more than just a few extra requirements in order to use e-gold.
Most of investors know that A3Union do not keep on e-gold accounts most of their funds. A3Union keeps everything on brokerage accounts, invested in equities or being kept in cash. The mentioned seizure warrants (1mdc, etc) were not applied to ANY A3Union accounts, because we are an offshore company with all legal documentation necessary to conduct successful investment business worldwide. Therefore this issue has not affected A3Union at all. The trial might take a year or two and the defendants are presumed innocent unless and until proven guilty.
Bank wire transfer (TT bank transfer, ACH) is an alternative payment method A3Union accept and most safe and secure payment method for investments. This payment method will be used as preferred and alternative for all investors and even in case e-gold interrupts their service, we'll be still offering bank wire withdrawals and deposits as an option.
Everyone interested can read e-gold owner's official statement on the following mass media resource - eCommerce Journal: E-gold ® Founder Denies Criminal Charge - Public Statement
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