MultiversX Tracker is Live!

What if I found a big Bitcoin address?

All Cryptocurrencies

by COINS NEWS 235 Views

Let’s assume I randomly generate private keys and just happen to get the same key as some 1000 BTC whale and getting access to them (I know the odds). Then I transfer them to another address, and go to any exchange to cash out. What would happen? Would I get arrested for theft? Would the officials assume this is illegal money, as I cannot explain where I got them? What about taxes?

Little mind game, what do you think? Of course it’s just hypothetical, as the chance of actually brute forcing such an address is like nonexistent

Edit: Guys I know how statistically impossible it is, I even calculated it myself in the comments (and compared it to billion monkeys each with a billion typewriters). I was just wondering if it would be legal to „steal“ the coins. I could also just steal the private key backup in the physical world, and then steal the coins. Same thing

submitted by /u/Luizz__
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments