Lol Bitcoin is running and we need some FUD to keep out retail. Apparently a former takeaway worker from Leeds was found with Bitcoin worth more than £2bn but instead of practicing good OPSEC she was trying to liquidate the Bitcoin to buy homes and other assets
Discussion
Dafuq?
She’s sitting on 65,154 BTC?!
“Det Ch Supt Jason Prins, whose team led the investigation, said the "sheer scale" of the operation "demonstrates how international criminals seek to exploit cryptocurrency for illegal purposes".”
She’s accused of “money laundering”, what does “cryptocurrency” have to do with that?
The article then has an image of wads of cash 😂
Like what is this? Get your propaganda straight guys.
I'm not seeing any credible evidence of a crime by her. Her "associate" may truthfully have mined it if he started early enough.
Looks like a shakedown.
Looks like Stalin's "gold rush", only digital.
Bitcoiners may already be targets...
Bitcoiners are targets for well over a decade. Some of our friends sit behind bars, others have even been killed. Thanks to some wrong assumptions about BTC's privacy guarantees and underestimation of KYC cancer. You ignore Monero for as long as your pride doesn't get you in trouble.
We all started as Bitcoiners. But we were never married to the materialised thing. We are following cypherpunk ideals that are rooted in privacy as most things derive from it.
Without privacy freedom ceases to exist. And without freedom there will not be property. And without property there will not be value exchange.
Sound money is the goal. Privacy is the means to achieve it.
I hold #monero, too :)
There are a lot of bitcoin maxis on Nostr, I'm not one of them.
And I am religious about non-KYC these days
The article is a bit clear but it seems that she was a money mule, not a whale. I'm guessing the houses she bought were for her clients, while she herself merely got a nice salary.
* a bit UNclear
Why would a mule be given the whole stack at one time? Why not transfer 5-10 BTC to her at a time? It doesn't make any sense.
Well she's probably a bit more sophisticated than a regular mule, buying London real estate and such requires larger mounts. Though not billions, that's Razzlekhan level shit.