The US government just seized 127,000 BTC from a guy who operated forced labor crypto scam compounds in Cambodia.
This marks the largest seizure of any kind in history.
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Is That guy a CIA guy and That was where the US cripto was ? x)
source link please
Budget neutral ways
When OPs say βNo one can take your Bitcoin!β
I just shake my head.
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Will they give it back to the victims this time? Or is it okay to steal if somebody stole it first?
People already give their governments a free pass to murder and steal, no need for an excuse
Jameson Lopp, Peter Thiel (Cofounded Palantir Technologies (chairman) β a dataβanalytics software company serving government and commercial clients.), Maven 11, Mirana, dao5, Erik Voorhees, Balaji Srinivasen, Nikil Viswanathan, Mert Mumtaz.
The fiat hate cucks who are trying to turn Bitcoin into Ethereum like shitcoin.
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Filters work. Jameson Lopp is an evil shitcoiner who is running a malware.
They have kept OP_RETURN clean and let data under 83 Bytes.
Core devs who lied us that filters do not work are compromised.
Especially the ones who used inscriptions as excuse which they themselves intentionally allowed.
Bitcoin Knots is keeping Bitcoin Freedom Money clean of spam, jpegs and csam.
& that will become the ballast of Americas SBR
HODL
Should have use Monero π€£π€£π€£
#SHUM
#HFSP
If he had used monero it would almost triple the marketcap.
Were these fools just keeping it all on an exchange?
The DOJ stated that he had the keys on his person.
Do you believe that? that seems so weird
It's actually unclear upon closer inspection, just how they accessed his keys.
Wonder if heβs got more stashed somewhere.
It's called a $15 wrench
Yes, but if the United States government is involved, itβs more like a $1,500 wrench.
Everything they own is stolen
Have the DOJ sign a message from several of the addresses, I'll wait.
The message should be "We totally have his keys and aren't just seizing the man"
He should have hodled
So the us DOJ will have to give all these coins to the scam victims again? π
Thats a lot of Coin
So that's how they build their #SBR in a budget neutral way. π
I thought it was sex trafficking.. thanks for posting. Wouldn't it be interesting if the gov could pay off what debt we owe using Bitcoin.. Capital gains treatment of Bitcoin has to be revised..
Bitcoin fixes this
The only real crime that has been proven at this time is asset forfeiture by the feds.
Maybe heβs trying to escape
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View quoted note βI am not defending any kind of scammer but it seems the only way the US govt earn their Bitcoin is from seized scammer BTCβs.
I thought it was unseizable?
I can only find one court document and in it, nothing has been seized. There is an order to seize it, but it's a self-custodial wallet and the main guy is still at-large. There is also an order to seize any other property owned by him, but no Bitcoin has actually been seized. I'm not sure why the reports are saying otherwise.
"Those funds (the Defendant Cryptocurrency) are presently in the custody of the U.S. government."
In legal terminology, custody in this context is the government's claim over the asset regardless of actual possession of the private keys. You can see in the court document that the Bitcoin is in "addresses known to the government" and the DOJ "requests that: warrants be issued..." and "due process issue to enforce the forfeiture of the Defendant Cryprocurrency".
There is no evidence that I can see (yet?) that the government has actual control of these funds.
Yeah, 'custody' can be a bit ambiguous. Furthermore, if the government indeed had control of the keys, why not simply transfer the funds away from still plausible control by the defendant?
"61. If any of the above-described forfeitable property, as a result of any act or omission of the defendant:
(a) cannot be located upon the exercise of due diligence;
(b) has been transferred or sold to, or deposited with, a third party;
(c) has been placed beyond the jurisdiction of the court;
(d) has been substantially diminished in value; or
(e) has been commingled with other property which cannot be divided
without difficulty; it is the intent of the United States, pursuant to Title 21, United States Code, Section 853(p), as incorporated by Title 18, United States Code, Section 982(b )(I), to seek forfeiture of any other property of the defendant up to the value of the forfeitable property described in this forfeiture allegation."
https://www.justice.gov/usao-edny/media/1416286/dl
Exactly. If more people only understood how much they constantly trick us with legalese.
"Maybe you need a Monero" - some famous guy
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Stay humble, seize sats.
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Okay, if it was forced labor scam. It all should go to victims and what is left should go to people who have been forced to work there. Not a single satoshi should go to US government
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nevent1qqsyq89md670xjhhsdg47qvkkr6cngn4lsy7rdq6quqzkg43d7algxq0jhelv
US Strategic Bitcoin Reserve increases by 127K bitcoins.π
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