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> cryptocurrency theft is a crime If you know the private key, then you own the coins. At least that's the whole basis that crypto currency is founded on...
by tromp 4y ago
> cryptocurrency theft is a crime
If you know the private key, then you own the coins.
At least that's the whole basis that crypto currency is founded on...
- xorvoid 4y agoExcept most legal systems don’t see it that way. When you say this, they hear “if you have a copy of the key to a house/car/etc, then you also own it”. Cryptocurrency theft is a crime by the basic definitions of the legal system.
- bagels 4y agoThat is not how the law works. It's equivalent to knowing your bank account number and routing number and making an unauthorized transaction.
- remram 4y agoThat's just not how keys work. If someone finds the key to my house and uses it to open the door and take something, it's still theft.