4 ms·
Civil forfeiture also applies to crypto.
by kennywinker 2y ago
Civil forfeiture also applies to crypto.
- big-green-man 2y agoYeah, but it wouldn't be getting seized at a FedEx distribution center if it weren't an envelope of cash.
- chrisco255 2y agoStable coins can be frozen. And even BTC can be traced to whatever centralized exchange it eventually ends up at.
- OutOfHere 2y agoFirst they have to identify the BTC.
- which 2y agoIf you actually read the article, they weren't doing anything illegal... that's why IJ is giving them legal representation. The government would have a harder time seizing stablecoins because they couldn't say "well a K9 indicated there was drug residue on the bills" or whatever.
- dylan604 2y agoYou better have your $5 wrench available to get access though. It's not like they can just take the briefcase or duffel bag full of crypto away from you.