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Title: Megadumb Post by: Otoh on January 21, 2012, 11:52:54 AM Megaupload's loads of $M seized & assets frozen but not one Bitcoin was, I wonder if any of them had any - probably not as they didn't bother to protect so much that's already been easily traced & locked down
http://technolog.msnbc.msn.com/_news/2012/01/20/10199528-megaupload-founders-homes-raided-5m-in-luxury-cars-seized http://online.wsj.com/article/SB10001424052970204301404577174362457114578.html?mod=googlenews_wsj http://1.bp.blogspot.com/-oB-SZUvj3wo/TxmpFm83lDI/AAAAAAAAAS4/7VgHGlmiuhg/s1600/banner.jpg "So if we post this image, are we too in breach of copyright?" edited to add the above image, also re comment below about seized cars not being protected by buying them in BTC from Mr stating the bleeding obvious, that just happened to be part of the title of the link & sorry if you confused that with what I actually said, my OP is about seizing of $M cash & investment instruments & another $39M or so (too tired to check) being frozen in Hong Kong re cars being seized, they've been charged with a/multiple criminal offences so I assume the authorities regard this bling/booty as the potential proceeds of crime/s (which includes what one may spend one's alleged ill gotten gains upon) & hence will be subject to forfeiture / restitution to said victims of their doings if they're found guilty of said crimes so get impounded until proven otherwise - normal practice I would have thought just about everywhere in the uncivilised world Title: Re: Megadumb Post by: payb.tc on January 21, 2012, 11:57:59 AM Megaupload's loads of $M sized & assets frozen but not one Bitcoin was, I wonder if any of them had any - probably not as they didn't bother to protect so much that's already been easily traced & locked down http://technolog.msnbc.msn.com/_news/2012/01/20/10199528-megaupload-founders-homes-raided-5m-in-luxury-cars-seized http://online.wsj.com/article/SB10001424052970204301404577174362457114578.html?mod=googlenews_wsj that might help with protecting cash, but if they're seizing luxury cars, it makes no difference whatsoever whether those cars were bought with fiat or bitcoin... they still get seized. Title: Re: Megadumb Post by: Bro on January 21, 2012, 12:00:22 PM megadumb is apropriate
Since their business was essentially based on piracy, you would have though they would have protected their assets better Title: Re: Megadumb Post by: payb.tc on January 21, 2012, 12:21:48 PM megadumb is apropriate Since their business was essentially based on piracy, you would have though they would have protected their assets better maybe they did... maybe what got seized was only 10% of their true assets. Title: Re: Megadumb Post by: RyNinDaCleM on January 21, 2012, 02:54:17 PM Why would they seize cars? The cars have nothing to do with internet piracy, and holding them as "evidence" of profits would be circumstantial at best.
Title: Re: Megadumb Post by: stochastic on January 21, 2012, 03:44:19 PM Why would they seize cars? The cars have nothing to do with internet piracy, and holding them as "evidence" of profits would be circumstantial at best. It is the United States government. They can arrest anyone in the world (or assassinate them) for "national security reasons". If a police pulls over a driver with a lot of money in the car, the police can seize that money and force you to prove where you got it before you can get it back. The United States government only wants Americans to do 2 things, hyper-consume and pay taxes. The Federal Reserve Note is only backed by the taxpayers of the United States and the United States government will go anywhere in the world to seize any assets they can. Title: Re: Megadumb Post by: proudhon on January 21, 2012, 03:53:58 PM Why would they seize cars? The cars have nothing to do with internet piracy, and holding them as "evidence" of profits would be circumstantial at best. It is the United States government. They can arrest anyone in the world (or assassinate them) for "national security reasons". If a police pulls over a driver with a lot of money in the car, the police can seize that money and force you to prove where you got it before you can get it back. The United States government only wants Americans to do 2 things, hyper-consume and pay taxes. The Federal Reserve Note is only backed by the taxpayers of the United States and the United States government will go anywhere in the world to seize any assets they can. http://www.therightscoop.com/unreal-tennessee-cops-can-seize-wads-of-your-cash-solely-on-suspicion/ That is fucking insane. I had no idea they could do that. Bitcoin anyone? Title: Re: Megadumb Post by: jojo69 on January 21, 2012, 04:46:19 PM It is the United States government. They can arrest anyone in the world (or assassinate them) for "national security reasons". If a police pulls over a driver with a lot of money in the car, the police can seize that money and force you to prove where you got it before you can get it back. The United States government only wants Americans to do 2 things, hyper-consume and pay taxes. The Federal Reserve Note is only backed by the taxpayers of the United States and the United States government will go anywhere in the world to seize any assets they can. easy there tex they got space for you in Guantanamo Title: Re: Megadumb Post by: StewartJ on January 21, 2012, 07:19:30 PM It is the United States government. They can arrest anyone in the world (or assassinate them) for "national security reasons". If a police pulls over a driver with a lot of money in the car, the police can seize that money and force you to prove where you got it before you can get it back. The United States government only wants Americans to do 2 things, hyper-consume and pay taxes. The Federal Reserve Note is only backed by the taxpayers of the United States and the United States government will go anywhere in the world to seize any assets they can. easy there tex they got space for you in Guantanamo An orange jumpsuit with our name on it... Title: Re: Megadumb Post by: Andrew Bitcoiner on January 21, 2012, 07:22:58 PM Why would they seize cars? The cars have nothing to do with internet piracy, and holding them as "evidence" of profits would be circumstantial at best. It is the United States government. They can arrest anyone in the world (or assassinate them) for "national security reasons". If a police pulls over a driver with a lot of money in the car, the police can seize that money and force you to prove where you got it before you can get it back. The United States government only wants Americans to do 2 things, hyper-consume and pay taxes. The Federal Reserve Note is only backed by the taxpayers of the United States and the United States government will go anywhere in the world to seize any assets they can. The author knows the score. Its too bad "typical white people" go along with this and in many cases rush headlong into a career to be a part of this evil machine. |
