Mark Mason
Well-known member
Does Government Accepting Crypto for Bail Imply Legitimacy?
Martin Marsich was recently arrested for allegedly hacking into Electronic Arts Inc.’s systems and has tried to post his $750,000 USD bail in cryptocurrencies.
The U.S. government attorneys initially signaled that they would be able to accept the cryptocurrency as payment of bail saying that “it might take a couple of days to get set up”, but they “should have the [cryptocurrency] wallet set up and we can do the transaction with the agents present”. However, the situation soon changed when they said that “unfortunately, the FBI could not take possession of the cryptocurrency even though part of it would be used for restitution to Electronic Arts, due to liability issue”.
Read more - https://www.dashforcenews.com/does-government-accepting-crypto-for-bail-imply-legitimacy/
Martin Marsich was recently arrested for allegedly hacking into Electronic Arts Inc.’s systems and has tried to post his $750,000 USD bail in cryptocurrencies.
The U.S. government attorneys initially signaled that they would be able to accept the cryptocurrency as payment of bail saying that “it might take a couple of days to get set up”, but they “should have the [cryptocurrency] wallet set up and we can do the transaction with the agents present”. However, the situation soon changed when they said that “unfortunately, the FBI could not take possession of the cryptocurrency even though part of it would be used for restitution to Electronic Arts, due to liability issue”.
Read more - https://www.dashforcenews.com/does-government-accepting-crypto-for-bail-imply-legitimacy/