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Replying to Avatar HODL

Apparently they kept all of their money in bitcoin (smart move) and there was a raid where the feds seized all of their bitcoin under the assumption they were the proceeds of crime. Leaving them with no money to defend themselves. Even worse, as a condition of their bail they aren’t allowed to interact with or transact with cryptocurrency. Meaning even if they had funds that the Feds weren’t able to seize they aren’t legally allowed to access them. Very fucked situation. Seems unlikely to me that they are federal agents/informants.

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ChipTuner 1y ago

I don't think this is uncommon. I know people who had bank accounts seized and their spouses were not allowed to withdraw anything to bail them out. They had to borrow money from family.

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