Author

Topic: [2018-02-20] Bitcoin Users Hunted by Police in Bangladesh (Read 106 times)

legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
Law enforcement in Bangladesh is actively hunting down users of Bitcoin as the use and trading of the cryptocurrency is still illegal in that particular country.
Full article on Bitcoinist
Pathetic country, one of the worst economy, too much poverty, politicians = scammers, poor people trying to find alternatives by joining & trading  cryptocurrencies and the result is jail. Epic fail.

They just declare bitcoin as illegal so it makes sense that they will hunt them down. But the question is, can they find all the bitcoin users in their country. I'm sure that those bitcoin enthusiast knows how to hide their bitcoin and the only way they can tracked them is that if they change it to FIAT.

And it will took a lot of efforts from the authorities. Is it worth though? Really sad to see them suddenly banned bitcoin but if they think that they can stop it, they are 100% wrong.
Hunting crypto users isn't that easy, users should give the traded amount in fiat to their relatives abroad in order to get them in.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
They just declare bitcoin as illegal so it makes sense that they will hunt them down. But the question is, can they find all the bitcoin users in their country. I'm sure that those bitcoin enthusiast knows how to hide their bitcoin and the only way they can tracked them is that if they change it to FIAT.

And it will took a lot of efforts from the authorities. Is it worth though? Really sad to see them suddenly banned bitcoin but if they think that they can stop it, they are 100% wrong.
hero member
Activity: 924
Merit: 556
Law enforcement in Bangladesh is actively hunting down users of Bitcoin as the use and trading of the cryptocurrency is still illegal in that particular country.
Full article on Bitcoinist
Jump to: