As trader or holder is bitcoin legal in your country how environmental friendly bitcoin is over there, this is for those country that are facing difficulty with bitcoin and cryptocurrency at large. While leaving at home it's advisable to set an important app hidden if you think trading bitcoin or having them will lead you to great danger especially within my country where they suspect lots of boys to be internet fraudster.
What i experience last night made me to raised this topic so we can learn to secure our investment or be very mindful while moving with our smartphone at night it's very risky to lose one valuable asset at this point.
Well, OP, I have just a few questions to ask if you'd mind. In your country, if there are situations like the one you just described, and upon the police investigations, they discovered that the convicts, through illegal means, had acquired the coins they had in their wallets. What do they (the policemen) do with the funds?
From my experience so far with such incident were policemen keep harassing people when they see such money and they want to take you to the station what they could do is to ask you to move those fund and convert them to Nigerian Naira and then send to them, with this if you don't know your right you will just be fooled and they can share your hard earned money with you.
Just like a case of police people invading into yahoo boys compound and when they entered inside his house they found about 100m stocked inside his waldrop and some inside ceiling it was during the interrogation he then opened up where he stocked those money.
But what happened is that he knows his right whereby he took the case to court claiming that the money was a contract money that he wants to use for a project that was awarded to him, after which those people men was asked to refund those money and there sack from being a NPF if I could recall correctly.
I thought as much, but that's bull shit. How on earth can the police even harass people publicly in such manners? First, they do an open search, like you said, and if the person is caught with some crypto in their wallet, they will be taken to the police station, and lastly, they will have to convert the individual's assets into theirs without any proper investigation to confirm that an individual is a scammer. The police are not supposed to convert the person's asset into theirs; the right thing to do is cease the individual's asset and properly investigate the matter, and once the person is found guilty, he should be handed over to the fraudulent department.