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Bitcoins Seized In Drug Bust

First time accepted submitter Salo2112 writes "In a case believed to be the first of its kind, federal authorities have seized a Charleston man's virtual currency due to an alleged drug law violation with possible links to a shadowy online black market. From the article: 'The U.S. Drug Enforcement Administration recently posted a forfeiture notice indicating that agents had seized 11.02 Bitcoins worth $814 from 31-year-old Eric Daniel Hughes for allegedly violating the federal Controlled Substances Act. No other details were provided.'"

3 of 198 comments (clear)

  1. Re:It was bound to happen by Anonymous Coward · · Score: 5, Insightful

    Surely you mean the moron with Insightful mod?

    "Guy got caught dealing drugs, got his posessions confiscated, there were Bitcoins in there" - "It's because govt hates Bitcoin!"

    FFS, from items in other case in the seizure notice:

    13-DEA-582125, Snap-On Tool Cabinet and Assorted Tools, (1) Snap-On Rolling Tool Cabinet, #:s437254a; (6)
    Assorted Testers; (1) Snap-On 8 piece 1/2" Rachet/Wrench Set; (1) Snap-On 4 piece 1/2" Rachet/Wrench Set; (36)
    Assorted Screwdrivers; (16) Speciality Tools; (32) Assorted Allen Wrenches; (56) Assorted Sockets 3/8"; (22) Socket
    Extensions 3/8"; (1) Adapter 1/2" - 3/4"; (11) Assorted Rachets/Wrenches; (1) Nut Driver 1/4"; (1) Allen Tool Combo;
    (1) Ryobi Drilling and Driving Accessory Kit; (36) Assorted Rachets/Wrenches/Sockets; (5) Assorted Snap-On Tools;
    (4) Assorted Rachet/Extensions; (8) Assorted Vice Grips/Wrenches; (1) Blue Point Rachet Wrench Set 5/16"-3/4";
    (68) Assorted Combination Wrenches; (1) Snap-On Box End Combo 7/8"; (3) Assorted Wrench Sets; (1) Roberts
    Knee Kick Carpet Stretcher 10-412; (1) Snap-On 3x5 Toy Tool Box; (1) Ryobi Temperature Sensor, #:CW1112; (9)

    Government hates wrenches!

    captcha: deluding - it surely knows.

  2. Re:It was bound to happen by __aaltlg1547 · · Score: 5, Insightful

    They haven't banned cigarettes due to their being used to fund terrorism. We'll see.

  3. Re:It was bound to happen by fustakrakich · · Score: 5, Insightful

    You don't have to convicted of anything to have your property stolen by the government. It has eminent domain over everything you have, including the corpse you presently occupy.

    --
    “He’s not deformed, he’s just drunk!”