Post
Topic
Board Bitcoin Discussion
Re: Statement about the suspect of recent Bitcoinica hack
by
BitBuster
on 31/07/2012, 11:55:53 UTC
It's unlikely that there's going to be an issue regarding him receiving or holding the funds in trust.
I politely disagree.

The National Stolen Property Act makes illegal any of the following acts:

    Transportation
    Transmittal
    Transfer
    Receipt
    Possession
    Concealment
    Storage
    Barter
    Sale, or
    Disposal

of any goods, wares, merchandise, securities, money or articles used in counterfeiting valued at $5,000 or more. The courts have held that the goods need not be stolen in the U.S. nor be owned by a U.S. citizen to be subject to the Act.


I note that in his most recent response (which actually tells us nothing new), Patrick has again neglected to tell us if he has obtained a warrant for his actions and what he is permitted to do. As you should all be able to tell, this is a pretty important area of ambiguity that needs clarification. Please answer the question Patrick.


BB.