All HYIP players have obviously been affected with the Liberty Reserve shutdown. We have received several newsletters from some programs currently listed at HYIPNews regarding the Liberty Reserve issue and further actions applied by the programs to resolve this situation with the customers.
We have previously notified that requests have been sent to the program admins to convert the funds from Liberty Reserve to Perfect Money. Some HYIPs have already replied and made the changes. Some other are still having this issue pending. Some HYIPs have sent some newsletters, which are going to be quoted below with the comments of ours.
The Black Gold admin has requested all investors, who deposit funds via Liberty Reserve to sign up for an additional account with Perfect Money for this project is no longer going to work with Liberty Reserve. The LR issue is claimed not to have much effect on funds managed cause this project has a reserve fund to protect the managed funds against any issue like that. See the complete newsletter below:
"Dear customers!
Due to website problems being experienced by Liberty Reserve, we request that all investors who have deposited funds with Black Gold Ltd using their Liberty Reserve e-currency account please register an additional account with Perfect Money, as we will now no longer be working with Liberty Reserve.
We care about our customers - since the fixed assets of our company are traded, and we have a stabilization fund in place to protect against any such contingencies, the Liberty Reserve website problems do not affect our obligations to investors.
Please create a free account with Perfect Money (www.perfectmoney.com) and add these account details to your Black Gold account information as soon as possible so that we can continue to process profit payments to you as normal."
