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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by driverdan on Thursday November 05, 2020 @03:35PM (#25001698)
There is no way they were only facing 5 years. Any sane person would do 5 years for a billion dollars.
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by CydeWeys on Thursday November 05, 2020 @04:26PM (#25002157)
It's stolen property. They're never going to be able to keep it even if they do do some prison time. If their claim is that it's truly lost and they no longer have access, and then the funds ever move again on the blockchain, boom, right back to jail under contempt and other charges.
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by s1artibartfast on Thursday November 05, 2020 @05:33PM (#25002823)
You can also do the time and leave the US after.
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by kickopotomus on Thursday November 05, 2020 @03:51PM (#25001823)
It's worth a billion dollars today. But in 5 years, who knows? Could be worth $10B. Could be worth $0.
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by mcfly1985 on Thursday November 05, 2020 @07:08PM (#25003502)
Ooo so brave, saying Bitcoin will go to 0! No one has heard that before!
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by kickopotomus on Thursday November 05, 2020 @08:30PM (#25003975)
Is there a particular reason for the snark? We are talking about essentially a 5-year blind trust in a historically volatile asset.