Bitcoin Forum
October 19, 2019, 05:43:01 AM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-06-11] news.bitcoin.com-New Civil Asset Forfeiture Tool Makes Bitcoin...  (Read 223 times)
wintermeasures
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250



View Profile
June 12, 2016, 04:13:05 AM
 #1

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/
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571463781
Hero Member
*
Offline Offline

Posts: 1571463781

View Profile Personal Message (Offline)

Ignore
1571463781
Reply with quote  #2

1571463781
Report to moderator
1571463781
Hero Member
*
Offline Offline

Posts: 1571463781

View Profile Personal Message (Offline)

Ignore
1571463781
Reply with quote  #2

1571463781
Report to moderator
1571463781
Hero Member
*
Offline Offline

Posts: 1571463781

View Profile Personal Message (Offline)

Ignore
1571463781
Reply with quote  #2

1571463781
Report to moderator
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
June 12, 2016, 10:10:24 AM
 #2

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/

How can they seize money from a credit card?  Tongue
I wonder what happens when you have a bitcoin debit card like Xapo? Are the bitcoins converted to fiat and then seized?


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Foxpup
Legendary
*
Offline Offline

Activity: 2702
Merit: 1594


Vile Vixen


View Profile
June 12, 2016, 10:23:06 AM
 #3

How can they seize money from a credit card?  Tongue
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?

Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!