Post
Topic
Board Exchanges
Re: BTC-e hacked ??
by
squatter
on 08/08/2017, 22:46:52 UTC
In the Star Wars analogy, I agree. If only it were so simple! The fact of the matter is, by targeting the owners with criminal charges, the US authorities have made it much more likely that the owners will disappear with no attempt at relaunching or refunding customers. Any effort they make to repay customers puts them at greater risk. That makes our odds pretty bad. Undecided

Perhaps the US intention is to frighten people away from using crypto.
Of course it could be just corruption. eg. when the two DEA agents stole coins from the Silk Road seizure.
https://arstechnica.com/tech-policy/2016/08/stealing-bitcoins-with-badges-how-silk-roads-dirty-cops-got-caught/

Maybe some other US agents are looking to try the same caper.

The intention could be to frighten people away from crypto, but it seems more so directed at commerce and value transfer that the US government cannot control. I don't see this sort of seizure happening to Coinbase, Gemini or Itbit. Those companies have poured incredible amounts of resources into legal compliance and obtaining the proper licenses. At most, they'd probably get small fines from regulatory agencies if anything was out of order.

just ignore the statist fuck and move on

Done and done. That guy is a broken record at this point.