Re: DPR's Bitcoin Stash future sell off by the gov't panic ensues ..

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Does it belong to them already, I thought it would have to go to court to actually seize them properly.

I too was wondering how the gov could sell seized assets of someone who has not had a trial.

The accused consents to the sale without waiving the right to a trial. Why would someone do that? Because both the accused and gov realize the asset will likely be worthless if they wait until the case is resolved.

Ross may never see the cash. But, at least there is something waiting for him if he can prove his innocence.

What if the accused does not consent to the sale before trial etc.?

Not positive but I believe they have to wait until the trail is over. Otherwise you'd see too many cases of people having their assets taken and sold off, only to be found not guilty and then how do they get their assets back.

Typically people who agree to the assests being sold off be for trial is a clear indication that they plan on pleading guilty. Other people who been arrested recently in connection to the silk road have come out and said Ross has cut a deal with the feds and is cooperating with them to avoid the death penalty. If it's true that he agreed that the assets can be sold then it's probably correct that he's cut a deal with the feds and will be pleading guilty.