Post
Topic
Board Economics
Merits 1 from 1 user
Re: Armed robbers have raided the house of a British virtual currency trader
by
stompix
on 10/02/2018, 20:23:03 UTC
⭐ Merited by BartS (1)
Just asking, would the government make an action about this? Would it be possible to return the stolen amount the person?

Nope, and certainly not the government since this is strictly the law enforcement job.
Because unless they will manage to get them, and their wallets there is no way to return those coins.
And it's going to be a pain in the ass even if they do since the victim will also have to prove he owned that much coins in the first place and that they indeed did steal them from him.

If bitcoins are regarded as a legal tender/asset in your country, it would be possible to make a report to the police about the incident and conduct further investigation about the matter. However, if your country don't have any laws regarding bitcoin as an asset, chances are you won't have any say about the event but would just be a living example that even crypto isn't safe from these criminals since they'd still have a way to get your precious coins no matter how hard you keep it.

It doesn't matter if they are regarded as legal tender or not.It's still robbery.
If you come to my house and you steal all my dwg files for example from my computer or erase them, it's not a crime?

That indeed is worrying, and this is why Bitcoin will always be a safe. If those people had gold, they would have no faith, but Bitcoin actually permits to track the bitcoins. Yes I have to agree it will be hard, but always possible.

It's a hundred times harder to sell 10 kilos of gold than mixing 100 BTC.


Back to the story, I just knew this pic had to be saved.


I wonder what would have happened in the case of a multisig address with the second one stored in some safe place.