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RE: MAJOR Arrest: Suspected Bitcoin Money Launderer For 4 BILLION In Stolen Bitcoin

in #crypto-news7 years ago

This could bring more trust to the scene in the end. But it looks a bit sad to see those flatlines on Bitcoinwisdom and BTC-E users are still unsure of what's going to happen with their coins/funds in BTC-E.

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Gone, lost forever or kept as evidence. I think US police even have authority to confiscate contraband including money under civil forfeiture.

@crypto if you have the time can you cover civil forfeiture? This is important for the community to understand.

References

  1. https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United_State
  2. https://www.aol.com/video/view/551445f4e4b078e86b4eded7/