A married couple was busted in Manhattan on Tuesday for allegedly trying to launder roughly $4.5 billion in cryptocurrency stolen during a massive 2016 hack
https://nypost.com/2022/02/08/couple-arrested-in-…
Yet again, money can’t buy you style or good taste.
I'm more interested in how the DOJ "recovered" all that bitcoin. Were all the addresses and wallet printed out on hard paper to trace? Did they gain access to a digital wallet and take it over? How're they going to handle refunding those stolen coins to their original owners? What about recourse for the coins that were sold on to others? They can't lie and hide it for themselves by saying they don't know where it came from or where they went. That's the whole point of blockchain!
You think the government is going to return any of that bitcoin? That's adorable.
Asset forfeiture law is pretty interesting. I'm no expert myself though
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