e-Bullion was an Internet-based digital gold currency founded by Jim and Pamela Fayed of Moorpark, California, as part of their Goldfinger Coin & Bullion group of companies. The company was incorporated in 2000 and launched on July 4, 2001. Similar to competing systems such as e-gold, e-Bullion allowed for the instant transfer of gold and silver between user accounts. e-Bullion was a registered legal corporate entity of Panama. From 2001 to 2008 e-Bullion grew to have over one million users and substantial account transaction volume, and reserves of approximately 50,000 ounces of gold bullion. The company was a competitor to e-gold.com and goldmoney.com. In 2008, co-founder, Pamela Fayed, was murdered, leading to the indictment, trial and conviction of her husband Jim Fayed for hiring her murder. Fayed was sentenced to death, and is currently on death row in California. As a result of the murder, the U.S. Government seized all of the assets of e-Bullion, resulting in the closure of the company in August 2008. Features E-Bullion simply provided a way for users to hold and transfer balances in gold and silver. The company also offered a debit card to U.S. customers, which enabled them to convert their bullion balances to USD and withdraw at an automated teller machine (ATM) or use it for debit purchases. e-Bullion provided its own in-house currency exchange service through Goldfinger Coin & Bullion, Inc. An e-Bullion account could be funded directly via wire transfer from a bank account. e-Bullion was the first DGC to issue a debit card linked to an account. e-Bullion was the first DGC to use CRYPTOCard security tokens to protect user accounts from unauthorized access. Goldfinger Bullion Reserve Corporation, a sister company of e-Bullion, held the precious metals in bullion storage vaults located in Los Angeles, and at the Perth Mint in Australia. 2008 Murder of e-Bullion Principal The Fayeds had a troubled marriage which eventually led to divorce proceedings. During the divorce proceedings the Fayeds disputed over the partition of ownership of the Goldfinger companies, including e-Bullion. On Monday July 28, 2008 Jim Fayed's estranged wife Pamela Fayed was stabbed to death in a parking structure at 1875 Century Park East in Century City, California. The crime occurred at 6:30PM in daylight and was overheard by numerous people who responded to the victim's screams. A surveillance camera recorded enough details for a rental car to be identified by license