Feeds

back to article US cops make 'first ever' Bitcoin seizure following house raid

American cops have made their first ever seizure of Bitcoin after raiding the house of an alleged drug dealer. The Drug Enforcement Administration seized a haul of 11.02 Bitcoins (worth $814.22 at today's rates) from an address in South Carolina on April 12. They were in the possession of a man suspected of dealing drugs using …

COMMENTS

This topic is closed for new posts.

Page:

Bronze badge

Um

Clonazepam is the generic for Klonopin. Same drug.

2
0
Silver badge
Happy

Re: Um

Yep. Eat one every morning with my waffles.

0
0
Silver badge

@Don Jefe

"Yep. Eat one every morning with my waffles."

If you need Klonopin with your waffles, perhaps you need better waffles.

7
0
Bronze badge

Re: Um

I take mine with my morning cup of coffee.,

0
0
Megaphone

Re: Um

a pint or 2 washes them down quite well

0
0
Anonymous Coward

Pretty cheeky of them to refer to him as a 'drug dealer' if he's only selling prescription drugs. In that sense aren't Boots 'drug dealers'? Never let the truth get in the way of a good story though, eh?

2
10
Bronze badge
FAIL

The word you're clearly not understanding in your own post is "prescription". This means that, in order to obtain said drugs, you need a prescription from a doctor and for the drugs to be dispensed by a qualified pharmacist. I'm guessing the dealer in this case was neither.

10
0
Silver badge

We've got a Lloyds and a Boots right next to each other here - talk about turf wars! I expect they'll be gang banging next, fighting over who controls the corner so they can sling their prozac and tampons!

8
0
Anonymous Coward

@murph

Heroin can be obtained on prescription.

Boots only supply what doctors have prescribed.

Don't make silly comments.

4
1
Silver badge
Headmaster

Well, 'drug dealer' is a generic term anyway; it's only modern usage which gives it its specific connotation (much like 'UFO'). Having said that, I think you'll find what qualifies him as an illicit drug dealer is the selling of prescription drugs either without a pharmaceutical license or to individuals without valid prescriptions (or most likely both).

4
0
Bronze badge

also assuming these are the legitimate thing and not fakes made under less-than-fit conditions in some foreign country.

In which case a whole different set of charges will fall on the unfortunate individual from a great height,

2
1

Re: @murph

Silly comments are welcomed by me, as long as they are funny too.:)

1
0
Coffee/keyboard

Thanks for that... coffee all over my screen and keyboard. :)

0
0
Childcatcher

Yes, and everyone who gives anyone else a cup of tea or coffee is a drug dealer, ditto a pint of beer or a cigarette. Also, all policemen and all human beings produce Class A drugs constantly in the form of DMT - produced naturally by the body.

The distinction between 'legal', 'illegal', and 'prescription' drugs is the problem here. Substances or objects cannot be 'illegal', it is people's acts pertaining to those substances or objects which are actually covered by laws.

0
0
Bronze badge
Thumb Up

Ooooh

It's like the French Connection all over again.

1
0

This post has been deleted by its author

Anonymous Coward

Re: This is "Amerika" not Amsterdam!

Really? No diamorphine (heroin) for late stage terminal cancer patients? It's not used in post-op pain relief?

7
1
Bronze badge

Re: This is "Amerika" not Amsterdam!

Nope MSO4 - Morphine Sulphate .

0
0

Re: This is "Amerika" not Amsterdam!

Or Dilaudid...

0
0
Silver badge

Re: This is "Amerika" not Amsterdam!

You do have plenty of Oxycontin, also known as Hillbilly Heroin.

1
1
Silver badge

Re: This is "Amerika" not Amsterdam!

American doctors tend to prescribe Vicodin instead which is basically the same thing.

2
1

This post has been deleted by its author

This post has been deleted by its author

Anonymous Coward

Re: This is "Amerika" not Amsterdam!

@Dan Paul

I think your mistake was more in saying the following...

and there is some significant collusion between Doctors and Addicts.

Otherwise, chances are the DEA does not arrest Doctors or Pharmacists too often.

Specifically because doctors and pharmacists come under investigation all the time. I have personal knowledge of this. Perhaps you've not heard of NADDI - National Association of Drug Diversion Investigators? They're are one organization. There are others. They are investigators for the medical association(s) and law enforcement personnel. Doctors and pharmacists do loose their licenses for knowingly participating in such activities.

AC for obvious reasons.

0
0
Trollface

Re: This is "Amerika" not Amsterdam!

Vicodin is crap, I wouldn't give that to anyone I liked. Oxy (codone or contin) on the other hand is very effective.

0
0

Re: This is "Amerika" not Amsterdam!

only a fool argues with children, drunks or another fool.

0
0
Anonymous Coward

Dexedrine good enough for fighter pilots or astronauts to have whenever they like but not for anyone else. (Apparently the best 5% in academia world wide all all on some sort of stimulant dunno if it includes stuff like Modafinil).

I don't get why they don't use it like they do methadone with heroin. (But for people addicted to Methamphetamine). Dexedrine cannot really be abused in a bad way well maybe it could but it would be in a socially acceptable way. You cannot really get high of it. After a very small amount any more doesn't make any difference whatsoever.

No real side effects. (The no go pill is a perfect antidote to it). The morality police don't have any control over the Military or NASA.

But really difficult to obtain. (Only people on it in the UK I know of are people who are Narcoleptic who have been on it for decades).

It is better than Ritalin in almost every way.

My Aspergers is not affected positively with any drug other than dexedrine not that I have come into contact with any for 10 years. (Not tried Adderall). That includes street preparations of all stimulants. Loads of fancy expensive legal ones. Not tried Modafinil either seems very dodgy the way you have to go about getting it.

1
3
Silver badge

No real side effects.

Hmm, I remember back in the days when most teenagers round here either had a parent who had Dex on scrip or knew of someone else who had a parent who did.

They were handed out like sweeties - knew several people who munched the things constantly and were total wrecks.

Me, I never liked the comedown much, so didn't get in to them really.

1
0
Bronze badge

Here they give you adderal for adhd. which is amphetamine aspartate; amphetamine sulfate; dextroamphetamine saccharate; dextroamphetamine sulfate.

0
0

The world's militaries have a long history of stimulant use, I'm not necessarily sure if that something the rest of us should emulate. From:

http://exiledonline.com/war-nerd-this-is-your-war-on-drugs/

"Drugs make WW II a lot easier to get. How did those huge armies fight so long and so hard, when people these days are so weak? Cuz, among other things, they were high, dude. In fact, I never understood how either side could have stood up to the misery of a battle like Stalingrad until I found out that every damn soldier on both sides was high on speed. Once you know that, Stalingrad is a whole lot easier to understand. If you’d given my construction-site boss Don a submachinegun and told him to hold our construction site to the death—and supplied him with enough meth for the duration—he’d have been all for it."

0
0
Boffin

That's interesting. It's pretty much common knowledge nowadays that some cannabinoids may ameliorate core symptoms of autism spectrum disorders but not much talk of the use of amphetamines, perhaps with the exception of MDMA (See Danforth Research).

Which symptoms do you find are reduced by dexedrine? With Asperger's being social-sense related, are you able to tell if a drug can improve your social skills or do you have to get second-party corroboration? From whom?

0
0
Anonymous Coward

Innocent.

And if he is found to be innocent, they will be required to give them all back, otherwise Anonymous will likely take it all from the police, by force.

0
1
Anonymous Coward

This article lacks precision

> 11.02 Bitcoins (worth $814.22 at today's rates)

Today at what time?

3
1
Silver badge
Joke

Re: This article lacks precision

I don't know -- that looks like five-digit precision to me...

2
0
Gold badge

Legality and fractional amounts

"This would mean cops would have had to create their own Bitcoin wallet and forcibly transfer the alleged dealer's virtual dosh to themselves. Although El Reg can't confirm that this is what the cops did, if it turns out to be true the police may be a sticky legal situation, as Bitcoin's legality in the US is far from certain."

Probably not, in undercover and sting operations, the police do all kinds of things that are otherwise illegal. Selling drugs, buying drugs, solicitation of prostitution, to name 3.

This can run into embarrasing problems -- years back in Florida, the police did a sting, so they get to that point and say "freeze!" and their cops pour in. The other guys are like "No, *you* freeze!" and *their* cops pour in -- DEA, state, county, and local cops all start pouring in and pointing guns at each other. Yes, undercover sellers and undercover buyers spent something like a year and a half tracking each other leading up to "the big bust" where they all tried to bust each other. LOL.

On a tangent, I had no idea it was possible to deal in .02 bitcoins. How does a fractional bitcoin work?

6
0
Silver badge

Re: Legality and fractional amounts

How does a fractional bitcoin work?

Bitcoins are not physical. They're just numbers in a database so you can have any fraction you like. Bitcoin currently allows 8 decimal places, but that can also be expanded in the future.

0
0
nk

Re: Legality and fractional amounts

>How does a fractional bitcoin work?

The lowest amount is 0.0000001 which is called 1 satoshi. Bitcoin can be divided up to 8 decimal points. If it catches on, perhaps further decimal points will be added in the future. 1 bitcoin is already quite a lot of money for small transactions

0
0
Thumb Up

Re: Legality and fractional amounts

"This can run into embarrasing problems..." This was part of the plot of Tom Sharpe's [superb] Indecent Exposure.

0
0
Silver badge

Re: Legality and fractional amounts

They seize illegal drugs all the time without any problems, so why can't they seize bitcoins where it isn't so clear whether or not they are illegal. Obviously they are proceeds of crime, so illegal for that reason in the same way that dollar bills would be in the same context.

1
0
Silver badge

Re: Legality and fractional amounts

so why can't they seize bitcoins

It is unclear that they know how to do that. Do you know how?

0
0
Bronze badge

20 years in the slammer

should do this chap well.

2
13
Bronze badge

Re: 20 years in the slammer

Sending him to prison for 20 years is only dealing with the symptoms of rampant drug abuse in the US. It solves nothing, and in fact often ends up making things much worse. Drug addiction and the war on drugs is a closed, vicious cycle. Until society starts dealing with with the causes and start implementing proper political, educational and treatment policies, there's really no light at the end of this tunnel.

I don't know if your calling for a 20-year sentence is because of some fucked-up absolutist sense of morality or because you're some sort of sadist who enjoys piling suffering on top of suffering. The two are probably not mutually exclusive. I do know that for as long as the current system continues in the same stupid, vicious cycle, we'll always have people like you offering up these gems of "wisdom".

How sad.

21
1
Silver badge

Re: 20 years in the slammer

yes, dealing with the problem would be just making it legal.

0
0
Holmes

Re: 20 years in the slammer

Drug use *is* a problem that won't just be solved by locking people up, but people don't deal drugs because they are "swept up amidst the symptoms of rampant drug abuse" - they do it because there's a lot of relatively easy money in it (due to prohibition). If drugs were legalised, the money in "drug dealing" and therefore drug-dealing itself would vanish overnight.

What separates two people of the same intelligence, life experience and qualifications, one of whom works legally, and the other that is a drug dealer, is that the drug dealer has chosen to trade their scruples for a lot more money. Again, if drugs were legalised, the drug dealer would simply switch to a different illegal activity that commanded a premium above legal occupations.

4
0
Ru
Silver badge

Re: 20 years in the slammer

Again, if drugs were legalised, the drug dealer would simply switch to a different illegal activity that commanded a premium above legal occupations

Oh? I posit that most of the folk lower down on the totem pole would not., because the alternatives are higher risk, more effort, and probably of much less personal interest. I also suspect that these alternative careers will not be nearly as lucrative.

2
0
Bronze badge
Facepalm

Re: 20 years in the slammer

>If drugs were legalised, the money in "drug dealing" and therefore drug-dealing itself would vanish overnight.

The drugs this guy was arrested for dealing are already legal.

1
3
Silver badge
Facepalm

Re: 20 years in the slammer

>> The drugs this guy was arrested for dealing are already legal.

Err, no, they are prescription drugs and obtaining them without a prescription is illegal. So "facepalm" right back at you.

4
1

This post has been deleted by its author

Bronze badge

Re: 20 years in the slammer

Which is the point I was trying to make...

It's not the legality of the drugs that's the point here, it's the 'license to sell' them.

If there was a legal 'license to sell' the illegal drugs this would not end the illegal trade of drugs overnight. Those guys with the guns won't back down so easily.

Currently the guys with the guns have the license to sell the illegal drugs, and the pharmacies have the license to sell the legal ones.

There is illegal drug-dealing and legal drug-dealing. It's not the drugs that are the problem...

0
0
Silver badge

Re: 20 years in the slammer

>> It's not the legality of the drugs that's the point here, it's the 'license to sell' them.

This comes down to *exactly* the same thing, and is a pointless distinction to draw.

Most people would say heroin was an illegal drug, but it can be prescribed and dispensed in some circumstances by licensed individuals. This is not what anyone means by legalisation.

0
0

Page:

This topic is closed for new posts.