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If they have seized enough wallets, can they conduct flow analysis to infer where money is going anyway?
by nitrogen 5y ago
If they have seized enough wallets, can they conduct flow analysis to infer where money is going anyway?
- vmception 5y agoMaybe? All the governments around the world have only seized a handful of wallets, so to me it seems like an improbable risk. Most of those seizures were only possible via user-error and non-chalant storage of these kinds of assets. You have to go to individuals and force them to give a password to derive a private key. Without use of force, many governments don't have a legal power to force people to open things. With hacking even on-premise, there are still extremely high barriers per wallet which makes it basically impossible. With use of force they will still have a challenge with too high of a crowd and will still lack the legal rationale to do so. And everyone can own this asset without the state knowing of it.