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Or if they brought their phone with them
In this scenario the person transacting the bitcoin murdered their counterparty but the cellphone is still intact?
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Parallel construction: if you do enough crime-adjacent things, the likelihood that you are also engaged in crime makes you interesting to law enforcement.
What is crime adjacent that isn't criminal activity?
https://www.reuters.com/legal/government/la-is-investigating...
I think pocketing any unlockable crypto-wallets you found along the way would cross the line. You could stick them into civil forfeiture and use the resulting cash to upgrade your department-owned car though.
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In this scenario the person transacting the bitcoin murdered their counterparty but the cellphone is still intact?
Either that, or they didn't ask the counterparty to uninstall google maps before the meeting.
The statute of limitation for wire fraud is 5 years. How did he get charged under that statute when he stole funds from Silk Road in 2012? Did they charge him for converting BCH into BTC in 2017? I tried to look up the case but couldn't find anything that shed a light on that.
> The statute of limitation for wire fraud is 5 years. How did he get charged under that statute when he stole funds from Silk Road in 2012? This is a very simplistic view and this mistake is made a lot. There are several reasons why the statute of limitations could either be longer than 5 years or not yet expired even though it is 5 years: - Tolling. This is when the suspect exits your jurisdiction, preventing you f…
Earlier quoted context omitted.
Parallel construction: if you do enough crime-adjacent things, the likelihood that you are also engaged in crime makes you interesting to law enforcement.
What is crime adjacent that isn't criminal activity?
Earlier quoted context omitted.
> but possible. You go from Monero to cash, wire transfer, or gift cards through a variety of unlicensed conversion services that advertise themselves all over the Internet. Those are probably run by the FBI. It seems like a no brained for the government to try to run such services given the wealth of information they would provide.
Having unexplained assets is not a crime and won't be at least in the US because of the constitution, worst case they could be subject to civil forfeiture. Assuming you did everything else right (full disk encryption, Tor on public wifi/LTE router that you alternate routinely, not using Google, etc) the anonymity of Monero means the government would have a very difficult time tying whatever you bought with the Monero…
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> The statute of limitation for wire fraud is 5 years. How did he get charged under that statute when he stole funds from Silk Road in 2012? This is a very simplistic view and this mistake is made a lot. There are several reasons why the statute of limitations could either be longer than 5 years or not yet expired even though it is 5 years: - Tolling. This is when the suspect exits your jurisdiction, preventing you f…
Dang, so if this person just left the BTC in a cold wallet for 5 years, did no more crimes, and stayed put, he could have gotten away free and clear? Or does #3 essentially mean they can just extend the limit forever if they can come up with a plausible sounding enough reason?
https://www.law.cornell.edu/uscode/text/18/1343 https://www.law.cornell.edu/uscode/text/18/3293
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Having unexplained assets is not a crime and won't be at least in the US because of the constitution, worst case they could be subject to civil forfeiture. Assuming you did everything else right (full disk encryption, Tor on public wifi/LTE router that you alternate routinely, not using Google, etc) the anonymity of Monero means the government would have a very difficult time tying whatever you bought with the Monero…
So long as you pay capital gains and income taxes, unless you are suggesting tax evasion, which is a crime
Zhong was caught because he made basic operational security errors, like address reuse (which is how he was caught by linking fraud wallet to exchange wallet) , static IP, using a KYC exchange in 2017 to convert BCH into BTC, etc. Not because Bitcoin was cracked. After being caught, Zhong voluntarily relinquished his passwords to encrypted wallets and other bitcoin, not that the crypto was cracked. I wonder how the f…
> he was caught by linking fraud wallet to exchange wallet How are you supposed to turn fraudulently obtained btc into dollars without doing that?
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So what? It's still decentralized and waits ten minutes waits ten minutes waits ten minutes waits ten minutes waits ten minutes waits ten minutes secure.
Can you be specific on what are you alluding to?