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Title: [2016-06-11] news.bitcoin.com-New Civil Asset Forfeiture Tool Makes Bitcoin... Post by: wintermeasures on June 12, 2016, 04:13:05 AM New Civil Asset Forfeiture Tool Makes Bitcoin Even More Powerful
By swiping a debit, credit or prepaid card through the machine, police can view the suspect’s account information, and freeze or transfer money in the account associated with the card. According to RT America, the Oklahoma Highway Patrol bought 16 ERAD machines and began using them in May 2016, taking money from people without warrants. Local Oklahoma news station KWTV reports that Highway Patrol officers can use the ERAD to freeze or confiscate money whenever there is “probable cause.” However, as with all civil asset forfeiture policies, police are not required to obtain a warrant or charge the suspect with a crime to take their funds. READ MORE >>> https://news.bitcoin.com/civil-asset-forfeiture-bitcoin/ (https://news.bitcoin.com/civil-asset-forfeiture-bitcoin/) Title: Re: [2016-06-11] news.bitcoin.com-New Civil Asset Forfeiture Tool Makes Bitcoin... Post by: aso118 on June 12, 2016, 10:10:24 AM New Civil Asset Forfeiture Tool Makes Bitcoin Even More Powerful By swiping a debit, credit or prepaid card through the machine, police can view the suspect’s account information, and freeze or transfer money in the account associated with the card. According to RT America, the Oklahoma Highway Patrol bought 16 ERAD machines and began using them in May 2016, taking money from people without warrants. Local Oklahoma news station KWTV reports that Highway Patrol officers can use the ERAD to freeze or confiscate money whenever there is “probable cause.” However, as with all civil asset forfeiture policies, police are not required to obtain a warrant or charge the suspect with a crime to take their funds. READ MORE >>> https://news.bitcoin.com/civil-asset-forfeiture-bitcoin/ (https://news.bitcoin.com/civil-asset-forfeiture-bitcoin/) How can they seize money from a credit card? :P I wonder what happens when you have a bitcoin debit card like Xapo? Are the bitcoins converted to fiat and then seized? Title: Re: [2016-06-11] news.bitcoin.com-New Civil Asset Forfeiture Tool Makes Bitcoin... Post by: Foxpup on June 12, 2016, 10:23:06 AM How can they seize money from a credit card? :P They can't. Only prepaid debit cards. Credit cards and debit cards linked to a bank account cannot be accessed. Why would you expect the truth (or anything close to it) from bitcoin.com? |