zlacker

>>mikeyo+(OP)
So, hypothetically, if these guys were to completely cash out these coins somehow, and then pay tax to the IRS, would they be immune from tax fraud and IRS involvement? I know similar things happen with stolen property and illegal drugs (Sullivan v. United States).

>>Severi+Fv
Yes if they successfully laundered it and paid taxes they would have no liability.

>>vmcept+Ax
Probably liability to the Fed, but not local prosecutors for whatever locality Bitfinex was in then?

Are bitcoins recognized as personal property, IP, none, or something of a blend in smaller jurisdictions? I have no idea.