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A comment on How the DEA took a young man’s life savings without charging him with a crime.

Re:How the DEA took a young man’s life savings without charg... by ubersync on Wednesday May 13, 2015 @01:55AM (#9537040)
Wouldn't happen with bitcoins.
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Re:How the DEA took a young man’s life savings without charg... by qrmn on Wednesday May 13, 2015 @02:07AM (#9537081)
Did happen with the Silk Road bitcoins, 30K BTC of which were auctioned off before the trial.
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Re:How the DEA took a young man’s life savings without charg... by anigbrowl on Wednesday May 13, 2015 @03:00AM (#9537259)
It wouldn't have happened with a visa or mastercard either. Bitcoin has literally nothing to do with this.
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Re:How the DEA took a young man’s life savings without charg... by exo762 on Wednesday May 13, 2015 @09:21AM (#9538655)
Apparently it does happen with bank accounts. So no, your point does not stand.

https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United...

EDIT: In fact Bitcoin is much better protected against this. m-of-n signatures, brain wallets, hardware devices such as Tresor, etc.

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