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They did not seize 60 million dollars (CAB wouldn't seize money in dollars anyway...). They seized* 6000 bitcoins. The equivalent cash value in euros or dolla
by rootusrootus 7y ago
They did not seize 60 million dollars (CAB wouldn't seize money in dollars anyway...). They seized* 6000 bitcoins. The equivalent cash value in euros or dollars is completely hypothetical.
*and technically, they seized nothing without the private keys
- deleted 7y ago[deleted]
- psychlops 7y agoIndeed, they did seize bitcoins. I thought the dollar equivalent would be obvious to those who read the article. Also, the CAB would absolutely (and has) seized foreign currency. They will seize cars, watches, real estate, documents, laptops, mobile phones, designer coats...pretty much anything they think they can auction. You might be interested to learn that the price in euros or dollars is not hypothetical at all and is traded daily, 24 hours a day, on exchanges all across the world. They did not seize nothing. As the article mentions, they seized the wallets which contain the private keys. Presumably, they are missing the password(s) to unlock the wallets.