The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors. See more for yourself here (https://news.bitcoin.com/uk-police-seize-61000-bitcoins-from-huge-chinese-investment-fraud/).
Your opinion is greatly appreciated.
--snip--
It's not like Bitcoin isn't transparent blockchain. The inputs and the outputs are there for the coins to be return to the rightful owner but the government wouldn't do that. They could just ask the heist scammers about where and how the coins came from or make public investigations to return these coins buy the government will not return these coins back to the victim. Will hold it forever and that is bad.
I somewhat agree with this. Even if the blockchain is transparent, finding out those individuals will be as hard as finding a needle in the grass. It is possible but I don't think they will take that much effort to give those money back to people. In some scenarios where you present legit proof of ownership to the feds, they might consider giving it back. But that needs to be a solid proof.--snip--
It's not like Bitcoin isn't transparent blockchain. The inputs and the outputs are there for the coins to be return to the rightful owner but the government wouldn't do that. They could just ask the heist scammers about where and how the coins came from or make public investigations to return these coins buy the government will not return these coins back to the victim. Will hold it forever and that is bad.
You're promoting a mixing service yourself, so the answer is in your signature: not always easy / possible to return these funds. Adding to all of that, the fact most people are using CEXs (like Binance, Coinbase), so many inputs will be from their hotwallet address so they would basically do a lot of donations to the said CEXs if they send back these coins.
And I disagree, people (governments or not) holding forever are a good thing for BTC and holders in general, at least if you want a high $ value of btc