Can someone with a background in law tell me if or why it wouldn't be legal to turn over bitcoin private keys, complying exactly with a request, while also using your own retained copies of those keys to sign transfer transactions sending all those bitcoins held by the previous (now compromised) keys to your new ones that are not covered by the subpoena? It seems to me that you'd be complying exactly with their reque…
Subverting the intent of a ruling or law is not viewed favorably, and can easily be fixed, if need be, by tighter wording.
New Jersey slaps MIT Bitcoin hackers with subpoena
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Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#22This is the first I've heard of Tidbit and I have to say that it is absolutely ingenious!!! If they do open source the code, I strongly hope that webmasters would actually replace obtrusive ads with the mining protocol and not just add it in addition to ad revenue.
Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#23Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#24Umm.... what were they issued the subpoena FOR!? I read the entire article waiting for this to be explained. Or can you just be subpoena'd without any case?
The article explains the case pretty well: > ...the language in the subpoena reads much like the state’s computer fraud act, which carries some stiff penalties. Last year, New Jersey alleged that E-Sports Entertainment (ESEA) hijacked their [subscribers'] computing power to mine Bitcoins... the state believes Tidbit may similarly violate consumers’ rights. According to the EFF: > the New Jersey Division of Consumer A…
Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#25Figure out who was threatened enough by a bitcoin model to want the government to step in.
Because there is no way they have this kind of time on their hands to pursue this and have such in depth technical knowledge to know what to look for, without some corporate lobbyists spoon feeding it to the prosecutor.
Not that I believe tidbit could ever be profitable or useful, but still.
Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#26Can someone with a background in law tell me if or why it wouldn't be legal to turn over bitcoin private keys, complying exactly with a request, while also using your own retained copies of those keys to sign transfer transactions sending all those bitcoins held by the previous (now compromised) keys to your new ones that are not covered by the subpoena? It seems to me that you'd be complying exactly with their reque…
Relevant statute: 18 U.S.C. § 401. It's pretty broad.
Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#27Hysteria aside, what happens when a court subpoena demands someone hand over something they don't have? Does the person just say, "I don't have it." and that's that? What if they lie about not having it?
Contempt of court faces up to 5yrs in jail.
That doesn't sound right...
Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#28This is the first I've heard of Tidbit and I have to say that it is absolutely ingenious!!! If they do open source the code, I strongly hope that webmasters would actually replace obtrusive ads with the mining protocol and not just add it in addition to ad revenue.
Re: New Jersey slaps MIT Bitcoin hackers with subpoena
#29(That assumes there will always be a cryptocoin worth mining with a CPU/GPU. Right now it's silly to do so for bitcoin)