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Topic: Busted! Cops taking BTC! (Read 2441 times)

sr. member
Activity: 266
Merit: 250
April 12, 2015, 05:50:38 PM
#40
Police officers abusing of their power and stealing money? that is not very new, the only difference is that the money they steal are bitcoins, and I see it as an advertisement for bitcoins, so more people will want know what is bitcoin and what they are for
i have had the DEA steal 2000 dollars out of 6000 so they only reported 4000 and stole 40 bags of stuff out of 120 so they only reported 80 and i know those are the numbers because i just left
full member
Activity: 238
Merit: 100
April 12, 2015, 03:02:38 PM
#39
Police officers abusing of their power and stealing money? that is not very new, the only difference is that the money they steal are bitcoins, and I see it as an advertisement for bitcoins, so more people will want know what is bitcoin and what they are for
legendary
Activity: 966
Merit: 1000
April 12, 2015, 02:36:34 PM
#38
Just shows, we are all human, and we cannot get pass the fact, that greed is part of our being.

Bitcoin has value, and it can be stolen, bartered, hacked....just as any other currency out there.... we are no more special than any of the currencies out there.

Just glad, they see the value too..  Grin Grin
I just hope it will get into mainstream news as we could benefit from it as we could get more public exposion no?
Smiley
legendary
Activity: 1904
Merit: 1074
April 12, 2015, 02:17:34 PM
#37
Just shows, we are all human, and we cannot get pass the fact, that greed is part of our being.

Bitcoin has value, and it can be stolen, bartered, hacked....just as any other currency out there.... we are no more special than any of the currencies out there.

Just glad, they see the value too..  Grin Grin
legendary
Activity: 966
Merit: 1000
April 12, 2015, 01:54:01 PM
#36
another negative news in Bitcoin sphere Angry
Negative news? I get them as quite positive...it's more shame and negativity for police and goverment.
hero member
Activity: 770
Merit: 509
April 11, 2015, 07:32:18 AM
#35
another negative news in Bitcoin sphere Angry

I disagree this is a negative. It's pretty positive - it shows even the Feds see the value of bitcoin enough to steal them. It also illuminates the degree of corruption involved in going after Ross.

Nobody is oblivious to government and law enforcement corruption. But to see them stealing bitcoin is, unto itself, a positive for the true value of bitcoin. I would've thought it'd jump up a few points on this news  Cheesy
I agree, it's pretty damn positive. They can bash it all they want, but this only shows that internally, there is a want for Bitcoin even among the so called forces of order. The govt bashes it while hunts it.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 10, 2015, 11:25:14 PM
#34
The real news is if cops return lost money, that is the news.
Cops who are stealing bitcoins/money is not a news.

newbie
Activity: 37
Merit: 0
April 10, 2015, 11:23:01 PM
#33
The real news is if cops return lost money, that is the news.
Cops who are stealing bitcoins/money is not a news.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
April 10, 2015, 07:48:47 PM
#32
It doesnt come as a surprise that they are stealing, but their carelessness is insane, one more fact to their raputation, they seam to be unable
to do anything right Smiley i would expect atleast some effort more in covering their identities and tracks, since they ought to have experience in that.

cheers
hero member
Activity: 529
Merit: 500
April 10, 2015, 06:52:07 PM
#31
So sad to see corruption in such major institutions
legendary
Activity: 1372
Merit: 1014
April 10, 2015, 06:23:21 PM
#30
What is so suprising about the fact that robbers sometimes steal as well?  Wink
full member
Activity: 154
Merit: 100
April 09, 2015, 10:57:56 PM
#29
hahahaha....thats the best thing i have seen till now..thankz for sharing this post here on bitcointalk
legendary
Activity: 2856
Merit: 1519
April 09, 2015, 10:41:13 PM
#28
I'm not surprised, at all truthfully. It never surprises me who sucumbs to greed now a days. Absolutely anyone can be a culprit in a "Bitcoin heist". It's way too easy to get away with if pulled off successfully, and those two federal agents probably had a reasonable chance to execute this robbery as well. One of the many reasons that I feel Bitcoin won't come out in the public's eye as something they'd want to invest time and money into.
full member
Activity: 196
Merit: 103
April 09, 2015, 09:38:43 PM
#27
OK, just a short thought experiment here to repeat the statist line of thought.

Bitcoin is used by some people for nefarious purposes. Therefore bitcoin is bad and must be banned. This will stop people from doing nefarious stuff. Huh Profit!
Bitcoin is used by some law enforcement officers. They are using it for something nefarious. Law enforcement officers must be banned! This will stop law enforcement officers from doing bad stuff and protect the public?Huh Profit!
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
April 01, 2015, 03:43:22 AM
#26
In all, the officer made several mistakes.

--> He leaked his real name in an unencrypted message on Silk Road
--> He connected his real identity on Bitcoin exchanges to the cash he was making illicitly
--> He used his official DEA laptop to login to his personal identity on Silk Road

I wonder how he could have neglected such serious issues, given the fact that he was investigating someone on Dark Web.  LOL.
If he had been more serious about these issues, there was no way for him to have been caught.
newbie
Activity: 32
Merit: 0
March 31, 2015, 01:14:15 PM
#25
I find that funny. And it will be impossible to claim or blame them if they had been let away with it.
member
Activity: 66
Merit: 10
Live Free Or Die
March 31, 2015, 01:03:52 PM
#24
another negative news in Bitcoin sphere Angry

I disagree this is a negative. It's pretty positive - it shows even the Feds see the value of bitcoin enough to steal them. It also illuminates the degree of corruption involved in going after Ross.

Nobody is oblivious to government and law enforcement corruption. But to see them stealing bitcoin is, unto itself, a positive for the true value of bitcoin. I would've thought it'd jump up a few points on this news  Cheesy
sr. member
Activity: 392
Merit: 250
March 31, 2015, 03:45:02 AM
#23
lower manhattan looks like the tip of a dick so i guess in 3d the u.s. government would be sort of spherical

legendary
Activity: 1176
Merit: 1011
March 31, 2015, 03:33:22 AM
#22
another negative news in Bitcoin sphere Angry
You mean in the government sphere.
full member
Activity: 196
Merit: 103
March 31, 2015, 02:30:44 AM
#21
it was expected, with that huge amount of money, many will fall in temptation, cops are not excluded

i'll not be surprise if other coins from the silk road would be declared missing in the future due to others greedy authority

According to a post on reddit, there might be some connection between the rogue officials and gox as well.

http://www.reddit.com/r/Bitcoin/comments/30tgkv/undercover_agents_working_on_silk_road_case/
http://www.justice.gov/sites/default/files/opa/press-releases/attachments/2015/03/30/criminal_complaint_force.pdf

If anyone has the time to read through all that 95 pages and make a summary, I'm sure lots of people would appreciate it. Lots of pages to read..

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