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Financial freedom is important, but it does not give you authority to break or evade laws

All Cryptocurrencies

by COINS NEWS 129 Views

I was reading over the Tate brother’s case on how there was about 500k in BTC seized and was kinda surprised at how many people were calling it an injustice or a travesty that someone had their crypto taken away by a government who was trying them. Do people honestly believe having self custody of your crypto makes them above the law?

Cryptocurrency is still an asset than can be exchanged for goods and services in multiple countries across the world. Most commonly when exchanged into native fiat of a country.

When someone is charged with a crime and assets are seized, it’s not different just because it’s crypto. Governments can freeze your stocks/bonds/bank accounts and seize your cars/planes/other assets if they deem you a travel risk.

submitted by /u/Odysseus_Lannister
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