I've been reading a lot about the 1000 BTC bounty for cracking a range of private keys.
It made me think... Hypothetically, if some was able to crack a
 BTC address with key, Do they own the coin?

Been reading through the Bounty and had the good & evil pop up on my shoulder.
Beyond the ethical ramifications are there laws projecting you if someome randomly clones your private key?
How do you own a key?