Topic: Marshall's auction.... It's a trap !!! (Read 4409 times)

The OP implies that it is illegal to hold/use bitcoin. As long as the winning bidders do not do anything illegal with their newly purchased bitcoin they will have nothing to worry about.

The auction will essentially link the identity of the buyers to their BTC address 

It's a standard police auction. Like a million times before. 

I think you may be on to something there.  Does anyone know which bank the USMS uses?  We may need to have a chat with them. 

I know this would not happen but.. How funny it would be if their bank account was closed for selling bitcoins. xD

Legend! Lol

If property is sold when it shouldn't have been then the proceeds would be given to the "proper" owner.

It should be noted that bitcoin "ownership" is determined by possession (of private keys)

not really.  if they hated it, they would make it illegal.

they want to figure out how they can tax and profit from it.

OP...uh..no.

Bitcoin is a currency & it's legal !
So not fking trap here 
btw: US gov hates Bitcoin and wanna use their laws (eg, anti-laudering ) to make bitcoin sounds like illegal 

If you think it's a trap, you're welcome to join the 'No' side here:

https://www.betmoose.com/bet/silkroad-coins-will-be-sold-above-market-value

Seems pretty close as of now.

this is no trap and will not affect price, its off market trade

I specifically clicked this thread to see Admiral Ackbar.  Thank you for not letting me down.

Hope all you want.  I would buy them all if all 30,000 were priced at $1 each.  Someone else would buy them for $2 each, and so it goes.  Somone will buy them.

What the hell?  The IRS recognizes them, FINCEN recognizes them, the court system recognizes them (see the Trendon fucking bastard Shavers case and the DPR/SR case).  The FBI and the marshals service recognize them and have a lot of them.  What more do you want?  A personal memo from the President himself?

What is ironic about the FBI selling property seized from a drug dealer?  They do this all the time:  boats, cars, helicopters, artwork, etc. etc.  

This is just another asset of a drug dealer they have been told by the court system they need to liquidate.  To them it is nothing more or nothing less.

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By that logic we should blacklist all coins that have been involved in some kind of theft or crime.

But no one wants to do that expect Mike Hearn.

I'd rather they auction them off to wealthy investors/financial institutions/tech companies  than hold onto themselves and do lord knows what with them.

As far as needing to provide information such as ID, this is true for most auctions especially for expensive items. Same goes for escrow.  We in the community use escrow for transactions that are both small and large, why would the government not want to use escrow for the same exact reasons.

yep i see their true benefit that could be used, their international undercover operations can anonymously receive funds, so that there is no traceability that undercovers are really agents. after all when being undercover they dont really want to be holding a CIA/MI5 company credit card to cover their undercover expenses, being followed to CIA drop sites or having to keep receipts to get reimbursed later. bitcoin solves this


bring back the days when governments use to burn money, melt down weapons and destroy drugs... oh have things changed over the last couple decades

I honestly hope no one buys any of these. Government doesn't recognize bitcoin but now wants to sell them? oh, the irony.

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I'm not convinced that the coins will be unarguably the property of the buyer. Has the US Marshall Service really never sold property that wasn't theirs to rightfully sell? Not even once? I doubt it. I'm sure there have been mistakes in the past. The question is what can be done about improperly sold property?