Aug 05, 2021 07:00:00

What are the 'true meanings of Bitcoin' and 'how to get past the law' from a person arrested and prosecuted for an illegal Bitcoin business?

One bitcoin, which was worth about two pizzas in 2010,

recorded about 6.9 million yen in April 2021. Some people hold Bitcoin for investment purposes, which is expected to have future value, such as the CEO of Twitter saying that ' Bitcoin will become the world's single currency within 10 years', but on the other hand, 'Bitcoin is It will be a monetary system that is out of the reach of the government. ' The person arrested and prosecuted for conducting an illegal Bitcoin exchange business in March 2021 is devoted to the political implications of such Bitcoin, and has slipped through his own purpose and the law. Reveals the whole picture of.

Inside the federal raid on Keene, NH's crypto mecca --The Verge
https://www.theverge.com/22599932/bitcoin-raid-keene-new-hampshire-ian-freeman-libertarian-prosecution

In March 2021, the US Department of Justice announced that it had arrested and prosecuted six people in Keene, New Hampshire, for 'running an illegal cryptocurrency exchange business.' From the house of one of these six, Ian Freeman, in addition to cash worth $ 180,000, 100 ounces of $ 3,000 worth of silver, and two Casascius. Physical Bitcoin has been confiscated. The value of this Bitcoin was more than 4 million dollars (about 436 million yen).

Police have been tracking Freeman's Bitcoin business for years as evidence of money laundering. Police believe that Mr. Freeman is sending millions of dollars a year without permission, and along with Bitcoin, he has launched an assault to destroy an illegal remittance processing system.

Linux developer and crypto activist Christopher Wide filmed police assaulting Freeman's house.

Freeman and his colleagues also created what is called the 'Bitcoin Embassy' in 2018, but when Mr. Wide left Freeman's house and headed for the Bitcoin Embassy, police came and went to seize evidence. It seems that he was doing it.

Keane was originally a quiet school city with a population of less than 25,000, but as there were people who became millionaires in the Bitcoin boom and more than 20 businesses were paid in cryptocurrencies, 2019 Around the age, it came to be called 'the mecca of virtual currency'. Much of this business involved Mr. Freeman and his colleagues who had the idea that 'cryptocurrencies are a moral Red Cross that fights the US government.' 'Bitcoin was a loosely affiliated group with

a politically libertarian tendency, believing that'Bitcoin is a great development for those who defend human freedom,'' Freeman said. The lawyers say.

Bitcoin has been attracting attention from its investment value in recent years, but it is said that virtual currency is epoch-making in that it is 'decentralized without being controlled by the state despite the currency'. , Was highly valued by libertarians in the early days of the epidemic. Freeman is also known as a radio personality called 'Free Talk Live,' but Free Talk Live became a 'meeting place' for the early Bitcoin community, discussing how the United States manages the dollar. It was said that.

Mr. Freeman in the radio recording studio is shown in the picture below.

However, as the value of Bitcoin increased and its popularity increased, many prohibited drugs were sold, so

Bitcoin was used on the dark site 'Silk Road' called 'drug eBay'. ,Bitcoin was used for money laundering . In response, the prosecution began an investigation, believing that unregulated and unsupervised Bitcoin could be easily used for crimes. For this reason, the prosecution saw Bitcoin as 'a subject to be monitored for crimes,' while Freeman et al. 'To protect' and privacy '' was requested.

'I had a mission to spread Bitcoin, to provide an opportunity for people to get out of the evil, violent organizations, and the US government's monetary system, which is the source of the war,' Freeman said. increase. Freeman also said, 'I believe what we are doing is legal. According to the legal opinion of our lawyer who has confirmed federal and state law, what we are doing is illegal. It's not about sending money, it's about selling products. '

Freeman, like many entrepreneurs, made money by building a crypto infrastructure. However, while competitors had obtained licenses to prevent the business from becoming illegal, Mr. Freeman said that he was taking another method. Another method is a system that uses a machine such as a vending machine called a 'bitcoin dispenser'. Freeman says that the machine contains a wallet in the form of 'physically holding Bitcoin', and that the use of the machine is not 'transfer' but equivalent to handling locally managed inventory. Mr. says.

Mr. Freeman is aware that he has been the subject of an investigation for many years by running the business openly, and at the beginning of 2021, he was contacted by a person who seems to be an undercover investigator. Freeman refused to sell because he hinted that he was a heroin and ecstasy dealer. However, the police rush that followed was unexpected for Mr. Freeman, who said, 'I could have knocked on the door, but I wouldn't have broken any windows. I commented.

Freeman and his colleagues were released in May, but the conditions for their release were strict, they were restricted from going out, and they were prohibited from exchanging bitcoins or interacting with other defendants. But Freeman hasn't abandoned his dream of Bitcoin becoming a monetary system out of the reach of the government, saying, 'They can't control Bitcoin, so they hate Bitcoin.' I am.