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re: Crypto Question

Posted on 2/17/22 at 6:28 am to
Posted by NCAAFootballGenius
Member since Nov 2006
323 posts
Posted on 2/17/22 at 6:28 am to
With Bitcoin that can’t happen, but most other crypto the developers have admin keys and can freeze your wallet.

There was an example of $100M of a USD pegged stable coin called teather that was frozen recently.


What can happen with Bitcoin is that if they know which wallet is yours they can track the movements of the coins and eventually figure out who you are and arrest you or get you when you are trying to convert to USD on an exchange.
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