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ck | 8 months ago (raw) | export | reply | flag +4 
 👀 https://cointelegraph.com/news/uk-government-seize-crypto-economic-crime-corporate-transparency-act
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⚡₿it₿y₿it⚡ | 8 months ago (raw) | root | parent | reply | flag 
 They're desperate
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HODL | 8 months ago (raw) | root | parent | reply | flag +2 
 Fuck are they gonna do? Ask the criminals really nicely? lol
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ChipButty | 8 months ago (raw) | root | parent | reply | flag 
 You call them criminals but they haven't been convicted. Could be totally innocent too
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HODL | 8 months ago (raw) | root | parent | reply | flag 
 Separate point. The point is that they have no ability to enforce this.
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LynAlden | 8 months ago (raw) | root | parent | reply | flag +7 
 They do have an ability to enforce it for custodial bitcoin.

It’s a free advertisement for self custody.
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HODL | 8 months ago (raw) | root | parent | reply | flag 
 Exactly. I’m assuming cyber criminals aren’t stupid enough to use Coinbase. Maybe that’s an incorrect assumption.
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flaming | 8 months ago (raw) | root | parent | reply | flag 
 this also makes makes on ramps risky forcing a circular #Bitcoin economy which is good for #Bitcoin.
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Mike Miller | 8 months ago (raw) | root | parent | reply | flag 
 Lyn, may I ask what Nostr client you use?  I am on my PC and using Coracle.  It seems to leave a lot to be desired.
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ChipButty | 8 months ago (raw) | root | parent | reply | flag 
 I guess it depends if they have arrested a suspect. If they have I'm sure the threat of jail will encourage the surrender of keys. Goddamn governments.
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Joda | 8 months ago (raw) | root | parent | reply | flag 
 Love this part:

"They will also have the option to destroy crypto assets if needed."

Who wants to tell them what happens when they "destroy" some Bitcoin?