The more interesting question regarding this seizure is whether the FBI can compell the creators of BitCoin to assist in decrypting what they have just seized. For example, there are a number of statutes that require those operating communications networks maintain the ability for the governemnt to access them regardless of the encryption or other security features being used. I don't know the corresponding baking law as well but it would not surprise me if the same laws that require banks to comply with seizing fund, blocking wire transfers, and tracking where money goes in the course of a criminal investigation could kick in here.
Certainly something like this would have a big effect on the BitCoin market. I'm interested to see what happens in the future.
Certainly something like this would have a big effect on the BitCoin market. I'm interested to see what happens in the future.