This question is in regards to stolen coins.
As an example, let's say I was an early bitcoin investor or a whale and have a sum of 500 coins. Current price @ $500 that's a total of $250,000. I live in the US where per the Federal Govt bitcoin = property.
Now someone steals all my coins, you can use the scenarios of it was password protected and online, paper wallet offline, don't care....just imagine there was a solid attempt to protect them. If its a local person who stole them can I call my local police? If its an international theft can I call the FBI? Can I write off the coins somehow? If a paper wallet or laptop is stolen with BTC on them can I write them off to my insurance company? SO MANY QUESTIONS!...
As an example, let's say I was an early bitcoin investor or a whale and have a sum of 500 coins. Current price @ $500 that's a total of $250,000. I live in the US where per the Federal Govt bitcoin = property.
Now someone steals all my coins, you can use the scenarios of it was password protected and online, paper wallet offline, don't care....just imagine there was a solid attempt to protect them. If its a local person who stole them can I call my local police? If its an international theft can I call the FBI? Can I write off the coins somehow? If a paper wallet or laptop is stolen with BTC on them can I write them off to my insurance company? SO MANY QUESTIONS!...