The account is now the property of Altcoin4life and it is justified.
Nope, if something is stolen and then sold off (or in this case given away/taken collateral), it stays property of the original owner, as the thief didn't have the right to give it away in any case.
Altcoin4life isn't the rightful owner, SwingDev proved to be.
Thanks for the input! This is the way I see it too.
If Victim A gets his car stolen by thief B, then B sells it to victim C, it's still Victim A's car and A does not carry the debt of the illegal sale, regardless of if C knew it was stolen.
If victim C returns the car to A once he realizes, he's likely to gain credibility, reputation, and probably a tip from it.
Now if victim C tries to sell it to victim A to cover his loss once he realizes it's stolen property, and refuses to give it back unless A ponies up for his loss, that's still trying to sell stolen property and is not ok on C's part. C is taking similar actions as B at this point. At no point does A incur C's debt. In this scenario C loses credibility and A crosses his fingers that C changes his mind or the cops (admins) come solve the dispute.
So yeah, I'm not going to be convinced into buying my stolen property back, especially when I know who has ownership and can take responsibility for any malicious changes in the account from this point on.
If he returns it I will, as I've stated a few times, leave him a positive credibility review and tip him for is troubles should my portfolio grow in the future.
The account is now the property of Altcoin4life and it is justified.
Nope, if something is stolen and then sold off (or in this case given away/taken collateral), it stays property of the original owner, as the thief didn't have the right to give it away in any case.
Altcoin4life isn't the rightful owner, SwingDev proved to be.
Why does Altcoin4life have to return the account voluntarily unless requested from a moderator or administrator? Is that the morally right thing to do? Yes, how does someone take collateral with the assumption it is stolen? From now on, should every account be assumed to be stolen and not taken if the lender defaults? Still a sum of money was defaulted and the lender should recover some of it to be fair.
You can easily tell if an account is stolen or at risk of being hot as a lender. Altcoin4life was supposed to check for an aged digital signature to prove it was not stolen. He failed to do this and as a result accidentally purchased a stolen developer / hero account.
Also I hate to say it as I don't think Altcoin4life would do this, but I'm not going to be pressured by the community into paying him for another simple reason. The guy is in the business of giving loans on aged accounts. Any defaulted loan adds a semi reputable account to his possession. Anyone trying to pressure me into paying him before returning it after he reached out to the community for suggestions could be him on an alt. Not no mention the quickest way to "wash" a stolen account and sell it back to the owner is by publicly selling it to your lending account. Again
I do not think Altcoin4life has done any of this but as a matter of principle I'm not going to let this possibility come to a clean end.
Again. That doesn't seem to be happening here. I think Altcoin4life is too credible and self respecting for that. But having been scammed myself before and targeted repeatedly just for being a coin dev I've learned to consider these things.
