Crypto assets worth more than $4.2 billion have been seized by Chinese police over the PlusToken Ponzi scheme.
In addition, they have also seized over 830,000 ETH, 1.4 million LTC, 27 million EOS, 74,000 DASH, 487 million XRP, 6 billion DOGE, 79,000 BCH, and 213,000 USDT
6 comments:
Cop tax?
It won't deter the crypto freaks.
As Yves Smith says, "prosecution futures."
https://www.nbcnews.com/tech/security/us-seizes-1-billion-bitcoin-tied-silk-road-rcna171
US seizing some too... now what are they going to do with them?
They will probably auction them off on Coinbase or do a private placement to get USDs for them like other seized property? Like they seize a drug dealers Ferrari?
Can they delete them?
I think so... but if they instead auction thrn off to get USD Imo it would be tacit govt approval of the whole scheme...
Yes... that is why it should be deleted. One small step to ending such foolishness.
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