Bitcoin: The Most Law-Abiding System Ever Created.

It has been frequently argued that bitcoin is a “censorship resistant” immutable ledger that precludes law enforcement or government from acting against illicit actors in the system and precludes the freezing or seizing of assets. However, in this paper, it will be demonstrated that contrary to popular mythology, bitcoin can be easily frozen and seized under proceeds of crime legislation or even under the civil forfeiture rules.

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