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A comment on FTX Tapped into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall. Parent comment

Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by ChadNauseam on Thursday November 10, 2022 @04:48PM (#33553893)
No civil asset forfeiture: cop pulls a drug dealer over, the drug dealer bribes the cop and is on his way.

With civil asset forfeiture: cop pulls a drug dealer over, the drug dealer offers to bribe the cop, the cop laughs and takes all his stuff anyway, books him, and the police department buys a martini machine.

Kind of a weak case, but that was the best steelman I could think of.

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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by gus_massa on Thursday November 10, 2022 @06:57PM (#33555454)
It sounds like a good idea until a cop acuse you of been a drug dealer without evidence, take all your money, and then you realize why you need a constitution and a independent court system.
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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by lupire on Friday November 11, 2022 @01:50AM (#33557992)
Why would a cop give the money to the department instead of keeping it as a bribe for himself?
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