U.S. Transfers $1.9B in Silk Road Bitcoin to Coinbase Prime

https://www.worldcoinindex.com/news/u-s-transfers-1-9b-in-silk-road-bitcoin-to-coinbase-prime-amid-speculation-of-strategic-moves

69 points · 9 comments · view on lemmy.world

9 Comments

MCasq_qsaCJ_234@lemmy.zip · 30 pts · 1y (6 replies)

Wait, isn't this money laundering?

schizo@forum.uncomfortable.business · 37 pts · 1y (3 replies)

As with all things in America, it's only illegal if a normal person does it.

If you're rich or politically connected (or are the actual government), anything goes.

Pyrin@kbin.melroy.org · 8 pts · 1y
[ removed ]
5714@lemmy.dbzer0.com · 3 pts · 1y (1 reply)
Glasgow@lemmy.ml · 7 pts · 1y

They’re not obfuscating the trail. Just plain old theft.

AlDente@sh.itjust.works · 7 pts · 1y

In what way is this money laundering? Isn't it normal for the government to liquidate seized assets?

roofuskit@lemmy.world · 21 pts · 1y (1 reply)

Time to see what a 1.9b sell off looks like.

AlDente@sh.itjust.works · -1 pts · 1y

Will you buy the dip? It'll be a nice opportunity.

Mora@pawb.social · 5 pts · 1y

I mean... how likely is it that the wallet just was stolen from the government. Unless there is a statement, I'd rather attribute this to incompetence than malignancy.