zlacker

>>Ozarki+(OP)
Will he get his possesions back then?

50,676 bitcoins, today valued at 5,3 billion USD.

https://www.justice.gov/usao-sdny/pr/us-attorney-announces-h...

>>bdhcui+E9
Until now I oddly never questioned how any government could seize someone's bitcoin and how a government keeps the private keys of their crypto wallets secure.

>>throwa+Le
a lot of known best practices were not followed in 2013.

Every advancement in crypto was done after the government made a move. And all subsequent moves netted the government less.

Now it takes more agencies to seize darknet markets, and most merchants and consumers get their money back because it was a multisignature transaction and the server stored nothing. Even domains have been seized back from the government.

The crypto space calls it "antifragility", as in the idea - and now history - that the asset class and infrastructure improves under pressure.

>>yieldc+ch
> a lot of known best practices were not followed in 2013.

like Secret Service and DEA agents getting immediately caught trying to steal Bitcoin from Silk Road?

https://www.usatoday.com/story/news/2015/03/30/federal-agent...

>>dmix+qC
Yes, like that

I was referring to hot and cold wallet practices, methods for unlinking transaction activity from your KYC’d funds, and the immaturity of multi-signature at the time