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Author Topic: [2015-08-19] Arms Dealer Thinks Bitcoin Is Anonymous – Gets Nailed By Government  (Read 461 times)
tyz (OP)
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August 19, 2015, 04:39:44 PM
 #1

Every week, there are more opportunities available for customers to spend their Bitcoins in exchange for various goods and services.  Not all of those goods and services are considered legal, highlighted during the case brought against Benjamin James Cance, a weapons dealer who enjoyed the pseudonymous benefits of Bitcoin transactions.

http://digitalmoneytimes.com/crypto-news/arms-dealer-thinks-bitcoin-anonymous-gets-nailed-government-officials/
gogxmagog
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August 19, 2015, 10:58:01 PM
 #2

I love how article states "just like most media outlets that report on BTC mr. Cance is a victim of poor education"
Truer words were never spoken
Greendragon
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August 19, 2015, 11:13:56 PM
 #3

Most likely got fucked with fingerprints and LE found few bitcoin wallets at his home
Kakmakr
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August 20, 2015, 06:06:54 AM
 #4

I have been saying this for a long time. Let them think Bitcoin is anonymous and then when they least expect it, catch them with their hands in the cookie jar.

If you want to do the crime, you must be willing to do the time. 
We do not need these kind of people in our community, and the more of them getting caught, sends out a message to the others wanting to use Bitcoin for illegal activities. ^hmm^

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August 20, 2015, 11:16:03 AM
 #5

Most likely got fucked with fingerprints and LE found few bitcoin wallets at his home


Yeah where does he admit he didn't understand how bitcoin works? That's like saying Ross Ulbricht or any other criminal didn't know how it works. If they got caught sending money straight to an address that was tied to the personal name or details then sure, that's ignorance, but there are 100s of ways the law can catch you and not just by tracking the blockchain. Use mixers and protect yourself and they'll be impossible to track. Leave your fingerprints all over the contraband and packaging and they can easy catch you that way.

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