Re:Feds arrest couple, seize $3.6B in hacked Bitcoin funds
by algorade on Tuesday February 08, 2022 @02:26PM
(#30263245)
The cryptographic keys were stored on a cloud storage device. Law enforcement agencies gained access to these keys while executing a search warrant and used them move the funds. So by this logic, the government is now the rightful owner of these funds.
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Re:Feds arrest couple, seize $3.6B in hacked Bitcoin funds
by brewdad on Tuesday February 08, 2022 @02:35PM
(#30263381)
Correct. This is why crypto, at least in its current form, must fail. In the crypto world possession is 10/10ths of the law.
Re:Feds arrest couple, seize $3.6B in hacked Bitcoin funds
by astrange on Tuesday February 08, 2022 @06:16PM
(#30266252)
Except for when someone hacks your NFT away and the community still considers it yours.
Re:Feds arrest couple, seize $3.6B in hacked Bitcoin funds
by tenuousemphasis on Tuesday February 08, 2022 @04:28PM
(#30264995)
Is the same not true for physical cash, gold, or bearer bonds?