Cryptocurrency Q&A
Can the US government seize crypto?
Can the US government seize crypto?
Sara
Mon Oct 28 2024
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7 answers
1123
I'm wondering if the US government has the authority to take control or seize cryptocurrencies. Is it possible for them to do so, considering the decentralized nature of crypto?
7 answers
Alessandra
Wed Oct 30 2024
Without this private key, it is impossible for anyone, including governments or law enforcement agencies, to seize or confiscate Bitcoin funds.
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Lorenzo
Wed Oct 30 2024
In the context of criminal activity, if there is probable cause to believe that bitcoin is being used to fund or facilitate such activity, the government may attempt to seize these funds.
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Giuseppe
Wed Oct 30 2024
However, this can only be done by obtaining the private key to the Bitcoin address in question.
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Carolina
Wed Oct 30 2024
Bitcoin possesses a unique characteristic of being seizure-resistant.
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TaegeukChampionCourageousHeart
Wed Oct 30 2024
This process can be complex and time-consuming, as it requires identifying the correct address and then locating the private key.
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