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They could, but then the IRS would have contend with an army of lawyers to claw their money back. In this case, going after a small time criminal with no connec
by zmaurelius 4y ago
They could, but then the IRS would have contend with an army of lawyers to claw their money back. In this case, going after a small time criminal with no connections is an easy win, so it makes sense from a resource allocation perspective for them focus on cases like this instead.
- mschuster91 4y ago> They could, but then the IRS would have contend with an army of lawyers to claw their money back. Always reminds me on how Scientology managed to get charitable. tl;dr: Cause so much work for the IRS (or appear to be able to do so) and they'll back down. The tax code is like the MasterLock of laws: looks complex on the outside, keeps honest people honest but is so weak it can be exploited by anyone willing to do so.
- vkou 4y agoAnyone who stole and has held on to 51,000 BTC is not exactly a small-time criminal any more. They were when the theft occurred, but this is like when you steal a cargo container full of crap, and five years later discover that both the Mona Lisa and a nuclear football is in it.