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Showing posts with the label DOJ

πŸš™ I'm Taking A Ride With My Best Friend. I Hope He Never Lets Me Down Again πŸš‘

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Traceable Isn't the Same as Stoppable The breathless argument that blockchain transparency makes digital assets ripe for interception overlooks a rather inconvenient detail: courts have rules governing how evidence is presented. A recurring media narrative insists that because every Bitcoin transaction is logged on a public ledger , the whole enterprise of digital currency is essentially an open book — traceable, blockable, and therefore manageable by the right combination of private investigators, blockchain analytics firms, and nervous corporations . The implication is that this traceability makes digital assets fundamentally less sovereign than their proponents claim. It's a tidy argument. It's also missing about half the legal picture. Yes, the blockchain is public. Yes, sophisticated tools exist to cluster wallet addresses, map transaction flows, and probabilistically attribute holdings to real identities . Companies like Chainalysis have built entire...

πŸ—’I've Got a Blank Space, Baby, and I'll Write Your NameπŸ–‹

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He Ran the Incline. He Passed the Bar. Then He What Now? A Pittsburgh attorney who also served as president of a beloved historic incline's preservation nonprofit has been indicted — accused of draining over $1.3 million from the organization's accounts and funneling it into digital assets . And we have questions. Several . Let's try to piece this together, because frankly, the facts alone are disorienting enough before you even get to the part where digital currency enters the picture. Christopher Furman , 53, of Pittsburgh , was indicted by the Department of Justice on wire fraud and money laundering charges. He was president of the Board of Trustees for the Society for the Preservation of the Duquesne Heights Incline — yes, that historic trolley that's been hauling people up a steep hillside since 1870. The one that nearly vanished until neighborhood residents rescued and restored it in the 1960s. A community treasure. A non-profit . A labor of local...