There's a funny story running around twitter lately with these two so called "money launderers" that supposedly had the keys to "the wallet" that was hosting $4 billion worth of Bitcoin from the Bitfinex hack from 2016...until FBI caught them :D.
Hilarious, but I don't buy into this shit and I'm not the only one on Leofinance doing that. It's too good to be true... I mean the story with the phones under the bed and the tiktok video with that lady saying that she stole $4.5 billion worth of Bitcoin is something so childish to trust in.
I don't know who the fuck hacked Bitfinex back in 2016, I don't know if it was the government, or if the government is that smart and sneaky to have caught "the launderers" but not the thief... All I know is that even if the authorities of the US are in the possession of these 120,000 Bitcoin, IT'S NOT THEIRS.
So many retards are asking on twitter what if the government dumps that Bitcoin on the market or what should the feds do with that Bitcoin... The answer is plain and simple: GIVE IT BACK TO BITFINEX, CUZ IT FUCKING BELONGS TO BITFINEX.
If someone steals your car and the cops find it, what are they going to do, auction it? No, return it to the freaking owner, that's what they're supposed to do and that's what the authorities should be doing with BITFINEX BITCOINS. It's theirs, not the USA Bitcoin...
Hence that chart from glassnode makes no sense at all, because the US does not own $4 billion worth of Bitcoin, cuz it hasn't bought or mined shit. That $4 billion wort of Bitcoin belongs to Bitfinex and that's where it should return. What happens with the two moppets that are accused of money laundering or whatever is none of my business.
What I know for sure is that the US owns shit and that supposedly $4 billion worth of BTC that makes the US Government the third largest owner of BTC is not theirs. The chart is meaningless, thus I will revise it...
Hope it is clear now... I would love to read your opinion on the matter, though...
Thanks for attention,
Adrian
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It should be returned to Bitfinex. And if for some reason it isn’t, they have no right to cash it in.
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exactly
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Being new to all this stuff, I'll ask a dumb question.
Can we verify the current ownership and origin of these coins? I assume it's possible, since blockchain data is all public, yeah? So is there a glaring public record of:
Part of the beauty of blockchain, as I understand it, is to be able to trace things like this with relative ease. Or did something shady occur to obfuscate this trail of transactions?
I don't have a solution to propose, but am trying to learn more about the nuance of issues like this. Thank you for your patience! 😅
It is indeed that simple.
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Ah! Then I appreciate your insistence that the coins should be returned.
I suppose those against that (read: the US gov) might argue that the transactions that happened during the "shady period" are still under investigation, evidence is being gathered, court-this, legal-that.
I'll have to go find some articles on this story to dig in deeper. Thanks for bringing it to light for me.
Of course it belongs to Bitfinex, but it is a way to show the world that they don’t consider BTC as a true asset. And want to scare people with this move. At least that’s what I think
They have managed to scare quite a few...
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If the gov seizes your drugs they also smoke or sell it themselves...
I know some would...
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Does it mean that US government stole bitfinex Bitcoin. I will check more of the news.
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I think the funds should be returned as well. However I don't think the Feds or any of them will return it. Can we expect a lawsuit from BitFinex to the government if they don't?
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Being willing to use force to get your way means never having to do what is right.
We get as much tyranny as we tolerate, and most people don't even consider this tyranny.
Smdh, the world is sooo screwed.
Can't think of a reason why they should not return it
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Good old gubment solving crimes they created themselves. They’ll never give it back to BitFinex, we all know it and they know it. If there’s one thing they like to do it’s steal things.
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