4 ms·
What is the point of this article? If he is saying that anything that can be shown to have passed through the hands of a criminal in the past could be seized t
by pmorici 13y ago
What is the point of this article? If he is saying that anything that can be shown to have passed through the hands of a criminal in the past could be seized then absolutely nothing is safe even cash and especially any electronic transaction. That this is the case is sad but it's not unique to Bitcoin.
- JumpCrisscross 13y agoLegal tender and negotiable instruments, e.g. cheques, are exempt from the nemo dat rule [1]. [1] http://en.wikipedia.org/wiki/Nemo_dat_quod_non_habet#United_States http://en.wikipedia.org/wiki/Nemo_dat_quod_non_habet#United_...
- pmorici 13y agoThat Wikipedia article seems to be talking about goods that were stolen and then resold but the Bloomberg piece is talking about the government seizing things which they think were involved in a illegal transaction w/o claim that anything was stolen just that one of the goods exchanged might have been illegal in the eyes of the law.