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To use their example: You own a lawn care company and do lawn maintenance for a client in Deleware for Dr. Olivia Bolles[1]. Unbeknownst to you Dr. Bolles is a
by garrettgrimsley 13y ago
To use their example: You own a lawn care company and do lawn maintenance for a client in Deleware for Dr. Olivia Bolles[1]. Unbeknownst to you Dr. Bolles is a drug dealer on Silk Road. She pays you for your services in bitcoin. The bitcoin wallet that her payment is posted to is publicly linked to you or your company through your website or perhaps your payment page.
It is reasonable to assume that you are the benefactor of funds that go to this address otherwise you would be exchanging a service for naught!
The government raids Dr. Bolles, seizes her wallets and while going over the transactions associated with these wallets discovers your wallet.
They could then order you to surrender the funds based on the "nemo dat quod non habet" that they mentioned.
Someone else will have to chime in with court cases that support/contradict my reasoning because that's beyond me.
[1]http://thedailyrecord.com/2013/12/13/judge-silk-road-doctor-has-drug-abuse-problem/ http://thedailyrecord.com/2013/12/13/judge-silk-road-doctor-...