31–40 of 281 posts
Earlier quoted context omitted.
You can definitely do this with bills... You realize when a bank gets robbed the serial numbers are tracked and confiscated when they show up, and often lead to the theives
If someone pays you in cash, do you really look up the serial numbers of all the bills you receive?
Is that money trapped in the system? The moment they sell to USD that account is now linked to a real person no?
They are probably waiting for the Statute of Limitations to expire. For wire fraud that is 10 years.
Earlier quoted context omitted.
Can one even refuse it? If someone just sends tainted coin to my address, am I screwed?
What's wrong with simply returning it? Any "tainted coin tracker" could easily build in a mechanism for detecting that
Earlier quoted context omitted.
> if you receive BTC from one of these addresses as payment for something, do you refuse it? You cannot refuse a BTC transaction. You could return it in a subsequent transaction, and pay the transaction fee, but I would imagine your address would be forever tainted by a number of illicit address/transaction tracking algorithms.
That's an interesting angle to cash out... just start sending to 1,000s of addresses - who's to say which addresses are owned by the criminals, and which are owned by other people? They'd get less than cashing it all out themselves obviously, but it would take forever to unravel what actually happened (if possible ever)
Earlier quoted context omitted.
> if you receive BTC from one of these addresses as payment for something, do you refuse it? You cannot refuse a BTC transaction. You could return it in a subsequent transaction, and pay the transaction fee, but I would imagine your address would be forever tainted by a number of illicit address/transaction tracking algorithms.
That's an interesting angle to cash out... just start sending to 1,000s of addresses - who's to say which addresses are owned by the criminals, and which are owned by other people? They'd get less than cashing it all out themselves obviously, but it would take forever to unravel what actually happened (if possible ever)
They are probably waiting for the Statute of Limitations to expire. For wire fraud that is 10 years.
Earlier quoted context omitted.
You can definitely do this with bills... You realize when a bank gets robbed the serial numbers are tracked and confiscated when they show up, and often lead to the theives
If someone pays you in cash, do you really look up the serial numbers of all the bills you receive?
Earlier quoted context omitted.
You can definitely do this with bills... You realize when a bank gets robbed the serial numbers are tracked and confiscated when they show up, and often lead to the theives
If someone pays you in cash, do you really look up the serial numbers of all the bills you receive?