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Anybody could report some bitcoin as stolen and make a claim on it at any point in time if the private key for that bitcoin ever became public or was cracked.
by test6554 9y ago
Anybody could report some bitcoin as stolen and make a claim on it at any point in time if the private key for that bitcoin ever became public or was cracked.
All you have to do is come across a private key of an old account with no bitcoin in it and then announce to the world that it was your account and it was stolen and the money should be returned to you regardless of who has it now.
Also, any transaction can have multiple inputs and outputs. If your btc is stolen and combined with 10 other accounts and then funneled into 37 completely different accounts, you now have some percentage rightful claim on 37 different accounts. If each of those 37 create transactions get combined with other bitcoin inputs and have more outputs you could end up with some dilute percentage of all bitcoin accounts holding some claimed stolen coins.
- freeloop3 9y agoYou could also just move the funds, from address a to address b, then buy something from some merchant, say monero from shapeshift, and claim some dastardly fellow hacked into your account and stole the funds from address a. Now do you have a claim against shapeshift?
- nosuchthing 9y agoThat's what the legal system exists for, burden of proof.
- daveFNbuck 9y agoYou could also put on a disguise, sell something valuable at a pawn shop, then report it stolen.