Key Disclosure Laws Can Be Used To Confiscate Bitcoin Assets - Forbes

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Key Disclosure Laws Can Be Used To Confiscate Bitcoin Assets - Forbes

http://www.forbes.com –

Jail time for refusing to comply with mandatory key disclosure hasn’t occurred in the United States yet. But, it’s already happening in jurisdictions such as the UK, where a 33-year-old man was incarcerated for refusing to turn over his decryption keys and a youth was jailed for not disclosing a 50-character encryption password to authorities.

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