Quote from: BurtW on June 11, 2016, 02:49:35 PM

Agree with the two previous posts.

When I was arrested the prosecution asked that I be incarcerated without a bond hearing for the maximum time allowed under the Patriot act, six days. One of the reasons for this pre-bond hearing incarceration was to make sure I did not move my funds before they had a chance to find them. They were very concerned that I might move my Bitcoins out of seized wallets on seized computers before they had a chance to find them all and move the Bitcoins to their own wallet.

ASSIDE: I found out later that their wallet was a Trezor that they had seized in another case.

The judge initially granted the prosecution's request for a six day hold before the bond hearing. My attorney, after getting his mandatory $50,000 cash retainer, did successfully argue this and I was given a bond hearing and got out on bond after only four days and three nights in jail. I assume I would have survived another few days being bored to death in solitary confinement but it would have totally sucked.

By the time I was released on bond they had found and had moved most of my Bitcoins, the Bitcoins I was holding for my non-tech savvy parents, and some other Bitcoins that were not mine (was holding for a friend until he got his own Trezor).

The question remains on whatever happened for them to still have that seized Trezor device.

Using fund movements as evidence was to be expected. After all, those who don't owe anything to anyone supposedly have nothing to fear... But I think that should be contemplated in the law. After all, the funds are at risk, so it's comprehensible to move them.

Quote from: BurtW on June 11, 2016, 03:00:24 PM

Quote from: unamis76 on June 11, 2016, 02:34:53 PM

That piece on Desert Snow is pretty interesting, just finished reading it... It's odd that a system like Black Asphalt runs freely online.

Not only that but they give out awards to their students and LEO will use these awards on their resumes.

https://www.desertsnow.com/pages/view/6

Now most of the stuff they have to do and seize to get the award could be argued as "a good thing" but this requirement:

Quote

*QUALIFIED INCIDENTS / SEIZURES:
US Currency Successful forfeiture of more than $5,000

is a little bit shady.

Quote from: unamis76 on June 11, 2016, 02:34:53 PM

As for the phone, let's imagine that the phone is seized and you manage to get the funds there moved after the phone being seized, is it valid in the eyes of the law comparing the transaction timestamp on the blockchain to the time when the seize occurred?

As for giving them the password or the moved funds... Shouldn't it be "and" instead of "or"? Because you can give them the password after the funds have already been swept.

Yes, they will look at the time of the move relative to the seizure.

They (Homeland Security) are not as bright as they are made out to be on TV but not quite as stupid as you might want them to be.

Yeah, I've read about these awards on the article, it looks like they give bragging rights to those who have it. Setting a goal on seized funds is indeed a bit odd. Goals should be set on seized funds that were proven to come from illicit activities.

So... Having no regulation on Bitcoin "is bad", but the blockchain is a good source for information regarding transactions? How good is blockchain evidence in court?

Maybe someone should stop thinking about things like BitLicense and start thinking on how to properly seize and punish those who use cryptocurrencies for illegal activities and a way to protect those who are wrongly arrested and/or investigated.

As we all know, everyone eventually ends up with "tainted" coins on their wallets, just like we all end up having fiat coins and bills that were used in illegal activities. With the current mindset, if authorities somehow find someone with "tainted" coins on an address they control, they'll immediately have their heads at stake and their property seized...

As a legit Bitcoin user, this worries me a lot. I don't have to pay for the mistakes others make... But that looks like the future we're heading towards to.