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a) It's your problem once your lawyer informs the court that you tried to pull them into unethical and illegal actions. b) The government can seize your fungib
by oh_sigh 5y ago
a) It's your problem once your lawyer informs the court that you tried to pull them into unethical and illegal actions.
b) The government can seize your fungible money. They aren't limited to just freezing accounts. If your crypto is at all tainted by the underlying cause which led to the government freezing your account, you're going to have a bad time.
- vmception 5y agoYes, correct they can get a court orders for onchain assets they know about, creating consequences for moving it without their permission You are not barred from having other money and using that money. You can stay liquid and retain counsel and interact with the electronic financial statement so always have some they won’t know about. the beauty these days is that you dont need to deal with the minefield of going both offshore and not reporting it, you dont need cash hidden around or gold bars buried in the desert, you can just have liquid fungible private crypto ready to be liquid when you need it