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Bitcoin Government News

Early Bitcoin User Interviewed By Federal Officers 92

MrBingoBoingo (3481277) writes Recently a Bitcoin user reports being interviewed over their past use of a now defunct exchange service by agents from the FBI and Treasury Department. This encounter raises concerns that earlier Bitcoin users who entered the space inocuously and without ties to Dark Markets or The Silk Road might need to prepare for Law Enforcement questioning about their early Bitcoin related activities.
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Early Bitcoin User Interviewed By Federal Officers

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  • by rebelwarlock ( 1319465 ) on Tuesday August 26, 2014 @03:35AM (#47754609)
    Both the summary and headline (on slashdot - it's different on TFA) are a bunch of horseshit. Here's what the headline looks like on TFA:

    A Law Enforcement Encounter: If you ran a Bitcoin related service before the thing hit $100 you prolly ought to be somewhat concerned and/or prepared

    The rest of the article suggests he was only interviewed because of that service as well. So unless every single early user of bitcoin started up an exchange service, the part we have on slashdot is almost entirely fictional.

  • by Nyder ( 754090 ) on Tuesday August 26, 2014 @03:43AM (#47754637) Journal

    Both the summary and headline (on slashdot - it's different on TFA) are a bunch of horseshit. Here's what the headline looks like on TFA:

    A Law Enforcement Encounter: If you ran a Bitcoin related service before the thing hit $100 you prolly ought to be somewhat concerned and/or prepared

    The rest of the article suggests he was only interviewed because of that service as well. So unless every single early user of bitcoin started up an exchange service, the part we have on slashdot is almost entirely fictional.

    Yep, my take on the article was what you said, and that they have crappy records for that service, so they were on a fishing expedition to see if they could find anything good/relating to the silk road stuff. In all honesty, it sounded like due diligence to me, in other words, the Feds were doing the detective work they needed to be doing.

  • AND its worth noting.....should anything ever go to court....

    NOTHING you said can be used to help you. While anything you say can be considered a confession and used against you, anything you say that is not used against you is hearsay.

    So you have nothing to gain by speaking if it ever does go to court.

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