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Wendals87 OP t1_ivlp8hu wrote

Reply to comment by mike9132 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

my guess is that they used a CEX, in which case the authorities were able to get access (with a warrant and all the legal requirements met)

Its like your password to your phone. They can't force you to give it up, but if they find it by other means or offer you a deal they can get access

If they had it in self custody and the seed phrase was never given up, they couldn't get access BUT it would be watched for any movement and they would catch them at any point they made a mistake

They wouldn't be able to spend it

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Keffpie t1_ivnsvce wrote

Yup. Also this was Sweden, better to just cooperate and do your time if you're guilty.

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