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[return to "Feds arrest couple, seize $3.6B in hacked Bitcoin funds"]
1. fxtent+35[view] [source] 2022-02-08 17:11:20
>>mikeyo+(OP)
Shouldn't all true crypto believers hate this news?

It's the government trying to enforce their opinion of who should own those Bitcoins, thereby taking power away from the owner that the network has decided on, which would be "whoever has the cryptographic keys".

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2. algora+ED[view] [source] 2022-02-08 19:26:28
>>fxtent+35
The cryptographic keys were stored on a cloud storage device. Law enforcement agencies gained access to these keys while executing a search warrant and used them move the funds. So by this logic, the government is now the rightful owner of these funds.
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3. brewda+QF[view] [source] 2022-02-08 19:35:05
>>algora+ED
Correct. This is why crypto, at least in its current form, must fail. In the crypto world possession is 10/10ths of the law.
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4. tenuou+S51[view] [source] 2022-02-08 21:28:45
>>brewda+QF
Is the same not true for physical cash, gold, or bearer bonds?
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