Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
by loceng on Tuesday November 20, 2018 @12:48PM
(#18495818)
There's no trail (or not an easy trail of evidence) to know for sure where cash payments went from and to, whereas blockchain provides that trail - you just need to figure out who owns or has claimed to own the wallet etc; having that as a resource would make conviction much easier, and magnitudes easier to find people involved. I don't know how pleading ignorance would hold up depending on the role you played in any illegal activities.
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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
by gibsons77 on Tuesday November 20, 2018 @01:09PM
(#18496053)
Isn't traceability a positive aspect for cryptocurrency in this case? You've got nothing to worry about if you're an honest investor, and frankly, this is one of the benefits of a pseudoanonymous crypto.
Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
by JumpCrisscross on Tuesday November 20, 2018 @03:30PM
(#18497429)
> Isn't traceability a positive aspect for cryptocurrency in this case?
Not if you have to hire a lawyer to show the Bitcoins which left a violent criminal’s wallet were transferred to you legitimately.
Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
by gibsons77 on Tuesday November 20, 2018 @04:02PM
(#18497683)
I don't see this ever being an issue, frankly.
Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
by matthewbauer on Tuesday November 20, 2018 @03:44PM
(#18497535)
For law enforcement, definitely