tag:blogger.com,1999:blog-3758330678390419129.post8205594691104216748..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Police Seize $60 Million Worth of Bitcoin From Man Who Won’t Give Up His PasswordRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-19240119194091791982021-02-05T18:21:53.816-05:002021-02-05T18:21:53.816-05:00He might trade for a privacy coin, such as Monero,...He might trade for a privacy coin, such as Monero, though, as noted, the receiver of his bitcoin would inherit their blacklisted status. Or he might use a bitcoin mixer, maybe dividing the amount into many wallets first and creating a difficult path to trace before he spends some. Is there a further penalty for use of his ill-gotten gain?Scott Ohttps://www.blogger.com/profile/00270655527655803743noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-54027288661005590082021-02-05T14:57:19.014-05:002021-02-05T14:57:19.014-05:00This is very interesting. In theory, the cops can&...This is very interesting. In theory, the cops can't do anything to prevent him from transferring the Bitcoin, but I'd hate to be the sorry sap that buys some Bitcoin and happen to get coins from his wallet, because if I'm a law-abiding citizen they may be going straight to the German gov't. Because of this, I'd expect major exchanges that operate within the law, like Coinbase,ChadThrustingtonhttps://www.blogger.com/profile/13983384954841763039noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71867842454247651562021-02-05T14:52:16.600-05:002021-02-05T14:52:16.600-05:00I presume of course the government wants the funds...I presume of course the government wants the funds for itself not to compensate the people from whom he stole computing time and electricity from. Jimmy Joe Meekernoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-29758219607780910682021-02-05T14:43:43.077-05:002021-02-05T14:43:43.077-05:00If he remembers his private keys he will still hav...If he remembers his private keys he will still have access. Although the police will be watching to see if the money moves.Anonymousnoreply@blogger.com