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A comment on U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked to Silk Road. Parent comment

Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by overkalix on Thursday November 05, 2020 @02:29PM (#25001144)
PPPSS. (Previous Poster's Point Still Stands). You could have cash buried in the desert and the IRS wouldn't be able to take it. Bitcoin is a way with both advantages and disadvantages to hide money, but it doesn't teleport you to another plane of reality where you're immune to the violence of the state.
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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by at-fates-hands on Thursday November 05, 2020 @07:49PM (#25003750)
That's happened in several high profile bank robberies. In one robbery (I think it was a robbery on a airport hanger where they robbed an armored car company) they guys went to jail and they have some $18 million or so split between four dudes.

Even after trial, conviction and sentencing, the court reporter said the Feds still weren't able to recover around $5 million of the total money and have no idea what happened to it.

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