[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 35 KB, 484x497, 1600569621694.jpg [View same] [iqdb] [saucenao] [google]
27687680 No.27687680 [Reply] [Original]

Is it legal to steal crypto?

What if you miraculously guessed an Ethereum private key and transferred all the funds to your wallet. Will you get caught by the police?

>> No.27687726

>>27687680
You won't.

>> No.27687797

Only if you're black

>> No.27688432

>>27687680
Currently they are being counted a property in US tax laws. This would mean that they could go find and arrest you, but imagine explaining to those pension lampreys that someone stole their magic internet money and that they need to devote their resources to finding and convicting you as if you had jacked their car and threw their sock drawer savings in the back seat.

>> No.27688818

>>27688432
How would they track you though?

>> No.27689479

>>27687680
If you're smart enough to do that you'll also be smart enough to get away with it (assuming you move to a country where they don't give a fuck about extradition)

>> No.27689514

>>27688818
To cash out you would have to go through an exchange with KYC. If you're now smart enough to use a privacy coin on the way out, they will know who you are.

>> No.27689532

here ya go op
www.keys.lol

>> No.27689588

>>27689532
i mean this one
https://keys.lol/

>> No.27689643

>>27687680
It's mathematically so unlikely that's completely irrelevant to discuss it
That's one of the main points of crypto, that's why it has value

>> No.27690519

>>27689514
How will they know? Isn’t that the point of a privacy coin?

>> No.27690769

>>27689514
>If you're now smart enough to use a privacy coin on the way out, they will know who you are.
how will they know

>> No.27690873

>>27689514
implying thats going to happen in reality for pocket change amounts from single personal wallets
also factor in the international factor, a canadian wallet could be stolen by a guy from belarussia that cashed out while driving across the border in lithuania
good luck getting a conviction

>> No.27690895

>>27690769
There gonna know.

>> No.27690995

>>27690895
Basically you convert it into a privacy coin, transfer the privacy coin to another wallet, then convert it back? Never used privacy coins before

>> No.27691615

>>27688432
Craig is not Satoshi you autistic baby

>> No.27692917

>>27690895
I live in a third world shithole where nobody cares tho ;))))

>> No.27693160

>>27690995
>Never used privacy coins before
then stfu retard you know nothing

>> No.27693218

>>27693160
that's why im asking

>> No.27693575

>>27690519
>>27690769
guys, "now" was obviously a mistake. He meant to type "not"

>> No.27693721

>>27693218
if you find a eth wallet, with eth and erc tokens all the transactions can be easily traced on the blockchain, if you want to exchange all that stuff to a privacy coin then you need to use an exchange which will require kyc (know your customer) i.e. your data, sure there are decentralized exchanges which don't know your info but they don't have any privacy coins

>> No.27694873

>>27690769
Services would know at this stage with how much of a money flow and current interest in the crypto field now.

And if they don't know now, they'll know in the future and there would nowhere on Earth you'd be able to go.