toxicbitcoiner on Nostr: “…must provide any physical devices, along with any public keys, private keys, ...

“…must provide any physical devices, along with any public keys, private keys, seed phrases or passphrases used to store the coins.” How?

Feels like this should get much more attention. AFAIK this hasn’t happened before except for exchange hackers.

Cc ODELL (npub1qny…95gx) MartyBent (npub1guh…6hjy) please cover this story on RHR

quoting note19su…9acr

Coinbase User Sentenced to Two Years for Bitcoin Tax Fraud to Surrender Access to $124 Million Bitcoin Fortune

A Coinbase user sentenced to two years in prison for bitcoin tax fraud last month must surrender access to his $124 million bitcoin stash to secure $1 million in owed restitution, ruled a federal judge.

https://www.nobsbitcoin.com/coinbase-user-sentenced-to-two-years-for-bitcoin-tax-fraud-to-surrender-access-to-124-million-bitcoin-fortune/