Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
mk · 3927 days ago · link · · parent · post: Feds ready to auction off $25 million in Silk Road Bitcoin
That's a good point. WTF. If those are Ulbricht's coins, then that the auction should come after his conviction. Maybe they should wait until after the trial, then consider the bitcoin as punishment enough.These bitcoins were forfeited not because they are bitcoins, but because they were, as the court found, the proceeds of crimes.”
user-inactivated · 3927 days ago · link ·
civil asset forfeiture, which I assume these were seized under, requires no conviction, charges, or even evidence. flagamuffin posted a decent article a while back that I totally lied about not reading: http://hubski.com/pub?id=124830