Topic: [2014-07-15] Dutch Newspaper: Public Prosecutors Can Confiscate Bitcoins (Read 720 times)
July 16, 2014, 08:51:39 AM
Plausible deniability is easily applicable in this case, as any other layered crypto/security measure. It's all about numbers and strings.
July 16, 2014, 08:47:04 AM
Well if it was proven that the person, obtained the bitcoins through criminal actions, not just bitcoins could be confiscated. {Any other asset, eg. Cars / House etc.}
So that is not unique in any way.
If the person do not give over the secret pass phrase or private key, you just send him to jail for a longer period, without a option for parole.
Crime do not pay.
So that is not unique in any way.
If the person do not give over the secret pass phrase or private key, you just send him to jail for a longer period, without a option for parole.
Crime do not pay.
July 16, 2014, 07:02:53 AM
http://cointelegraph.com/news/112082/dutch-newspaper-public-prosecutors-can-confiscate-bitcoins-at-least-legally
Quote
According to Dutch newspaper Trouw [NL and paywall], the country’s Openbaar Ministerie, or public prosecution office, can take a suspect’s digital currency and put it in a new wallet as part of an investigation.
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