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I've never heard law enforcement ever be promoted as a method of resolving crypto issues. One of the talking points about crypto, especially with the tech-libe
by x86_64Ubuntu 5y ago
I've never heard law enforcement ever be promoted as a method of resolving crypto issues. One of the talking points about crypto, especially with the tech-libertarians, was that no centralized authority could seize or freeze your funds. Complaining that someone exploited a "code is law" flaw and then running to the police exposes the whole thing.
- splix 5y agoThe article says that FBI was contacted by founders of the project. So maybe it's the first case when police was involved in a crypto fraud?
- addingnumbers 5y agoWhat fraud? This was a proper and orderly transaction... fraud requires deception. If there's any fraud here, it's on the part of anyone who claimed this wouldn't inevitably happen according to the rules they concocted.
- carnitine 5y agoOf course it’s not the first case. Police have been involved in crypto cases for years.