You can sue him,
but you can't freeze the BTC.
Topic: The problem of stolen coins - page 5. (Read 8955 times)
If someone stole dollar bills that were marked - police will use that to track him down and also, I am not a lawyer but, I think that if you know that these particular bills were stolen - then accepting them would mean complicity wouldn't it?
I agree that we have to treat the bitcoins as cleared once they go through a few transations - this looks like the only logical conclusion - but I think at least the main exchanges need to make some declaration in this matter. This of course means that the thieves now need to make some transfers from the original accounts to their other accounts. Their current problem is that it is all public and people can register the IP addresses that are used to announce the new transactions, but I guess they'll use TOR for this. Another thing is that the miners can refuse registering these transactions - but this would also work only on a very short term - eventually someone will register them.
I agree that we have to treat the bitcoins as cleared once they go through a few transations - this looks like the only logical conclusion - but I think at least the main exchanges need to make some declaration in this matter. This of course means that the thieves now need to make some transfers from the original accounts to their other accounts. Their current problem is that it is all public and people can register the IP addresses that are used to announce the new transactions, but I guess they'll use TOR for this. Another thing is that the miners can refuse registering these transactions - but this would also work only on a very short term - eventually someone will register them.
It's back. Now after bitcoinica publicized the thieves transactions the question is even more nagging. Everyone can follow where the money goes. MtGox support wrote in one thread that they don't expect those coins to come to them - but I think it is inevitable that at some point they will and MtGox needs to make some declarations. Will they accept coins with a track going back to the stolen amounts and let the thieves laundry them? What will do other exchanges? I have been asking this question ever since the first MtGox hack and it will be coming back again and again - so it might be a good time now to settle it down.
Wanna bet some fiat money you used (Dollars, Euros, ...) was used for illegal activities or even stolen before?
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It's back. Now after bitcoinica publicized the thieves transactions the question is even more nagging. Everyone can follow where the money goes. MtGox support wrote in one thread that they don't expect those coins to come to them - but I think it is inevitable that at some point they will and MtGox needs to make some declarations. Will they accept coins with a track going back to the stolen amounts and let the thieves laundry them? What will do other exchanges? I have been asking this question ever since the first MtGox hack and it will be coming back again and again - so it might be a good time now to settle it down.
Bitcoin is information.
We do not police information. That is the quickest way to kill Bitcoin.
Let the hackers cash out and let security be the winner.
If you can catch the hackers with evidence, that is great. If you can't, don't try to stop people with money from spending that money just because where it came from.
It's back. Now after bitcoinica publicized the thieves transactions the question is even more nagging. Everyone can follow where the money goes. MtGox support wrote in one thread that they don't expect those coins to come to them - but I think it is inevitable that at some point they will and MtGox needs to make some declarations. Will they accept coins with a track going back to the stolen amounts and let the thieves laundry them? What will do other exchanges? I have been asking this question ever since the first MtGox hack and it will be coming back again and again - so it might be a good time now to settle it down.
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