[2014-07-15] Dutch Newspaper: Public Prosecutors Can Confiscate Bitcoins

[aliceHortrex]

http://cointelegraph.com/news/112082/dutch-newspaper-public-prosecutors-can-confiscate-bitcoins-at-least-legally

According to Dutch newspaper Trouw [NL and paywall], the country’s Openbaar Ministerie, or public prosecution office, can take a suspect’s digital currency and put it in a new wallet as part of an investigation.

[1714912306]

1714912306

[Kprawn]

Well if it was proven that the person, obtained the bitcoins through criminal actions, not just bitcoins could be confiscated. {Any other asset, eg. Cars / House etc.}

So that is not unique in any way.

If the person do not give over the secret pass phrase or private key, you just send him to jail for a longer period, without a option for parole.

Crime do not pay.

[DuckDodgers]

Plausible deniability is easily applicable in this case, as any other layered crypto/security measure. It's all about numbers and strings.