BTC BITS Killer Crypto News Bitcoin News and Commentary BTC BITS Killer Crypto News Bitcoin News and Commentary
BTC BITS Killer Crypto News Bitcoin News and Commentary BTC BITS Killer Crypto News Bitcoin News and Commentary
In 2016, Edward Phipps, a U.S. citizen and the resident of Maine, was stopped by local police for driving one mile over the speed limit. Police officers requested Phipps to step out of the vehicle, confiscated $46,000 in cash found in his car, and forced him to forfeit it to federal prosecutors - with a gag order included so no one would know of this "legal" crime.
Advantage of Crypto
Two years ago, Phipps, who had disclosed to the court that he had earned the $46,000 in cash found in his vehicle legally, had $39,000 out of the $46,000 confiscated from him and his family despite the lack of criminal or illicit activities. If he had his funds in Bitcoin or crypto instead, none of this would be an issue.
https://btcmanager.com/39000-cash-confiscated-us-citizen-traveling-merit-crypto/
