Theoretically, bitcoin that has been mixed could be deemed proceeds of a crime after yesterday's indictment. I don't know whether the government would pursue this course of action.
I mean, they don't seriously mean that I could do a Payjoin with you, one of my inputs and one of your inputs, for 2 outputs one for each, and they call that mixing coins and something that they can seize, do they?
That would be really messed up if they go that far.
But basically all they're trying to do is destroy bitcoin privacy from the outside, by taking down all the projects.
Please name one good thing, just one, the US government has done for Bitcoin over its lifetime.
Nothing. I thought so. They almost look like they feel threatened by it.
I'm not ready to go that far yet. The civil forfeiture I see would be specific to coins mixed through Samourai, which they are alleging aided in money laundering, and they are alleging that the defendants knew the mixed coins were being used in criminal activity. Then, ANY mixed bitcoin through their wallet could conceivably be targeted, not just the bitcoin used in the alleged crime.
reply