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NorthernerWuwu t1_ivkldek wrote

Reply to comment by Pope_Cerebus in TIL: That in 2019, some criminals were caught and 36 BTC was confiscated. The authorities valued the worth at €127,000 at the time and was sold 2 years later for €1.5 million. The criminals were returned €1.3 million due to the fact that the amount was expressed in Swedish Krona, not BTC by Wendals87

Now, the question I would have though is if they sold the gold bar for $50k, would you then still owe fifty more?

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Pope_Cerebus t1_ivkliba wrote

Yes. If the court ruled you owed $100k, you would be liable for the remaining 50k.

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HardCounter t1_ivntsfn wrote

Steal 'your' stuff, sell it without permission to whomever they please without shopping around for the best price, then keep you on the hook for an additional costs due to their laziness.

Yep, sounds like government to me.

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kaenneth t1_ivlr5xu wrote

Yes, for example even they sell your $20,000 car for $1 to their cousin (like in Chicago), you still have to pay the parking fines and tow fees and your auto loan.

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Keffpie t1_ivnsah1 wrote

Yep. Had this seizure happened in 2020, and then the sale happened today, this case would be reversed with the criminals owing way more than the bitcoin was sold for.

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