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93% of funds seized by IRS Criminal Investigations in 2021 were in crypto
- jmakov 5y agoHow does this work? Do they just get private keys somehow?
- syntheticcdo 5y agoThe government says "give us the password or you're going to jail for life".
- deleted 5y ago[deleted]
- pcwalton 5y agoIt's indirect contempt of court [1] to disobey a court order to hand over the money you owe, and you can be jailed for it. [1]: https://en.wikipedia.org/wiki/Contempt_of_court#United_States https://en.wikipedia.org/wiki/Contempt_of_court#United_State...
- heybecker 5y agoCash is much safer for criminal activity
- cwkoss 5y agoDay trading crypto isn't just a quick way to lose money, it's also a quick way to make accounting for taxes extremely tedious.
- doopy1 5y agoIt really depends. There's chain analysis software that makes this straightforward depending on the type of day trading you do.