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I'm not sure the legal system is ready for charging for crypto "theft". What if the unimaginable happens and there's a private key collision that results in tw
by smoyer 3y ago
I'm not sure the legal system is ready for charging for crypto "theft". What if the unimaginable happens and there's a private key collision that results in two owners ... If they both use the account without noticing the other but one eventually closes the account, is that still theft?
It's pretty clear when an account or computer is hacked and yet neither razz or hubby were charged with theft ... Hubby essentially got convicted of tax evasion like a '30s gangster.
- _8j50 3y agoYou'd be surprised. The law isn't rigid like computer code . The intent and mindset of the defendant is all that gets prosecuted. If you can convince the jury the perp intended to gain money by accessing that information, it could be a spreadsheet for all they care. It is both theft and a violation of CFAA.
- smoyer 3y agoIANAL