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Author Topic: Crypto traders holders and prison problem  (Read 64 times)
Fullbear2222 (OP)
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February 20, 2024, 02:32:28 PM
 #1

We never know maybe we got problems one day with law
Are the any services who will manage your cryptocurrency?
I mean when there is huge market fall or big price Bull run If the person is in prison or jail 5-10 years ...he can't manage crypto buy sell.

It's bad If the person will miss the opportunity to buy and sell right time does there any service who will handle prisoner financial assets like btc ?

The finances Are person very rights to have and at some point i think prisons should allowing the internet becouse now all the life is on internet.
boyptc
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February 21, 2024, 11:45:34 PM
 #2

Let them talk to their relatives and give the instructions on how to buy BTC and when they should buy it. That's part of the punishment for being in jail, you'll have limited access to everything.

It's a privilege to have an internet connection and I think some jails allow that but most of them not. So, that's really how it goes when someone is in jail time.

It's part of the punishment and sentence.

rodskee
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February 22, 2024, 05:22:46 AM
 #3

There are topics here already that talks about What to do with your bitcoin  when there
is a sudden death , I know you have different topic but this is almost the same as that because you
need to have others accessing your funds.

and also this is the reason why we need have others know about your crypto funds  or
else will lose everything when this happens .

and also try not to make illegal so you will never end up in prison because by chance that
your funds will also be questioned when you are convicted .

Volimack
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February 22, 2024, 05:41:14 AM
 #4

Whether prison internet is allowed will depend on legal activity. Crypto will be a bit tougher because crypto is not valid in all countries. If your country doesn't allow bitcoin no matter how good the internet system is you won't be able to buy and sell bitcoin. You can access and manage everything from bitcoin buying and selling and securing financial services. All those serving prison terms are given less work permits.

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Reatim
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February 22, 2024, 06:37:42 AM
 #5

Give it to your family that let the authority handles your account for you .

This is also the reason why I let my Wife and my Eldest son Knows to access at least more than half of my crypto funds so if ever this comes to me, i know this will be in good hands.

though there are some part that stays with Only me , not knowing by them that I Hid the passphrase to our Wedding documents so in emergency death then She will find out in time.

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