zlacker

[return to "Feds arrest couple, seize $3.6B in hacked Bitcoin funds"]
1. deepsu+Hi[view] [source] 2022-02-08 18:00:56
>>mikeyo+(OP)
Should I expect price drop once feds start to sell it? Or they'll just destroy the keys (keeping the money invested forever).
◧◩
2. lern_t+dk[view] [source] 2022-02-08 18:08:00
>>deepsu+Hi
It will probably be returned to Bitfinex if they can access the wallet.
◧◩◪
3. bastaw+Pn[view] [source] 2022-02-08 18:22:15
>>lern_t+dk
That's assuming the feds don't have unfinished business with Bitfinex. They're not exactly on great terms.
◧◩◪◨
4. lern_t+iM[view] [source] 2022-02-08 20:02:47
>>bastaw+Pn
That's just nitpicking. If Bitfinex is acting as a custodian, the property will be returned to the owners. Whether that return happens via Bitfinex or via the feds looking at Bitfinex's books doesn't really change much. The point is that the feds can't destroy property just because they don't like who it was stolen from.
◧◩◪◨⬒
5. bastaw+gI1[view] [source] 2022-02-09 01:21:14
>>lern_t+iM
The feds have no problem seizing and liquidating property. They do it all the time. They even recruit local law enforcement to do it for them. See "equitable sharing"
◧◩◪◨⬒⬓
6. lern_t+Ph3[view] [source] 2022-02-09 15:04:45
>>bastaw+gI1
That's if the property was purchased using money obtained from selling illegal goods or services. If the property doesn't belong to the criminal, it's an entirely different situation.
[go to top]