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    5 Kommentare

    1. coinfeeds-bot on

      tldr; Claims that California passed a law to seize idle bitcoin are false. Assembly Bill 1052, which passed the state assembly, simply applies existing unclaimed property laws to digital assets like bitcoin. These laws require custodians to attempt to contact owners before transferring unclaimed assets to the state, which must hold them in their original form. Owners can reclaim their assets by proving ownership. The bill does not allow the state to seize or liquidate bitcoin arbitrarily.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. IronicHipsterCake on

      This reads like your typical MSM article. 

      „Seizing your bitcoin for inactivity is 100% mis/dis/malinformation!!!“

      In the same fucking article beyond the headline: 

      „Under California’s existing unclaimed property laws, if a user hasn’t performed an “act of ownership interest” (such as making a transaction, accessing the account, or otherwise demonstrating awareness of the property) for three years, the assets may under certain circumstances be transferred to the state’s custody as unclaimed property.“

    3. HesitantInvestor0 on

      Just yesterday, a member of the FBI came in my house uninvited and took a pair of shoes I hadn’t worn in 3 years.

    4. coldfusion718 on

      The bill doesn’t allow the state to liquidate arbitrarily, but y’all don’t know California.

      They’ve done it in the past and will do it again in the future. They’re doing it now to existing physical assets as well as other assets such as stocks.

      Ask the guy who had his Amazon stocks taken from him.

      California declared that since he hadn’t traded
      Amazon stocks in over 5 years, that he abandoned them. They seized the stocks and then sold them.

      Then they contacted him letting him know he had money to claim lol! This was years later after the stock exploded in price. So he lost out on a ton of gains. He couldn’t sue either.

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