Silk Road forums

Discussion => Off topic => Topic started by: hashemup on November 07, 2012, 01:58 am

Title: What can the police do about buying BTC?
Post by: hashemup on November 07, 2012, 01:58 am
Hey all, seems bad times may be upon me and I know you're the best people to ask for advice, and hopefully people in the same position as myself (or could well be at any time), will learn something from this.

Here's my situation. I'm a buyer only, in the UK. My bank accounts MAY be checked by police for something non-drug related, nor scam related (for anyone who thought by this point they had a smart arse reply ;p). My bank account will show transfers to Intersango and mtgox on a regular basis. Will they question this? I know it's not illegal to buy bitcoins, but would the evidence of me buying BTC give them enough reason to delve deeper?

What happens when they do chase it up? Can they trace the BTC exchange transfer to an actual SR account? Can they get into that account without my login details?

I'd love to delete my account. I did search on the forums for info but all the threads that were asking for their accounts to be deleted, never had a reply. So I guess I'm shit out of luck there? At the worst, they'll only have a record of what I bought over the past 3 months, which is only cannabis and some blues.

I admit I've been stupid and sloppy. I did straight transfers from bank to exchange to SR account. Probably 'cause I thought they'd never bust me for drugs. I never thought something else would trigger events leading to the shit I MAY be in. So my advice to those who think the same as I did, please be more careful. It doesn't have to be drugs related for them to check your bank account.

Anyway, would love to hear your advice on this. I'm constantly thinking of what I can say and what I can't (obviously not without speaking to a solicitor first, when that time comes). It's driving me nuts!
Title: Re: What can the police do about buying BTC?
Post by: The Consultant on November 07, 2012, 03:18 am
Hey all, seems bad times may be upon me and I know you're the best people to ask for advice, and hopefully people in the same position as myself (or could well be at any time), will learn something from this.

Here's my situation. I'm a buyer only, in the UK. My bank accounts MAY be checked by police for something non-drug related, nor scam related (for anyone who thought by this point they had a smart arse reply ;p). My bank account will show transfers to Intersango and mtgox on a regular basis. Will they question this? I know it's not illegal to buy bitcoins, but would the evidence of me buying BTC give them enough reason to delve deeper?

What happens when they do chase it up? Can they trace the BTC exchange transfer to an actual SR account? Can they get into that account without my login details?

I'd love to delete my account. I did search on the forums for info but all the threads that were asking for their accounts to be deleted, never had a reply. So I guess I'm shit out of luck there? At the worst, they'll only have a record of what I bought over the past 3 months, which is only cannabis and some blues.

I admit I've been stupid and sloppy. I did straight transfers from bank to exchange to SR account. Probably 'cause I thought they'd never bust me for drugs. I never thought something else would trigger events leading to the shit I MAY be in. So my advice to those who think the same as I did, please be more careful. It doesn't have to be drugs related for them to check your bank account.

Anyway, would love to hear your advice on this. I'm constantly thinking of what I can say and what I can't (obviously not without speaking to a solicitor first, when that time comes). It's driving me nuts!

Frankly, I'm not 100% sure on the regulations of policing in the UK.

Destroy what parts of the paper trail you can. Really, that's all you can do.

In the future, do please use another account which you delete after each transaction. Bank > gox > wallet (delete after) > your personal wallet > purchase.

Another thing you can do is to buy using pre-paid credit cards which you can usually pick up anywhere nowadays. Get a friend to get it for you. Then they just give it to you, and once you're done with it, if the paper trail ever starts with them, they can say that they wrote the info on the card because they only wanted to use it once, and then lost it. Bam. Can the police prove them wrong? Doubtful.

It's not too hard.

Do what you can to erase your trail atm though. Good luck my friend!

- The Consultant
Title: Re: What can the police do about buying BTC?
Post by: cjjujitsu9 on November 07, 2012, 11:04 am
Hey all, seems bad times may be upon me and I know you're the best people to ask for advice, and hopefully people in the same position as myself (or could well be at any time), will learn something from this.

Here's my situation. I'm a buyer only, in the UK. My bank accounts MAY be checked by police for something non-drug related, nor scam related (for anyone who thought by this point they had a smart arse reply ;p). My bank account will show transfers to Intersango and mtgox on a regular basis. Will they question this? I know it's not illegal to buy bitcoins, but would the evidence of me buying BTC give them enough reason to delve deeper?

What happens when they do chase it up? Can they trace the BTC exchange transfer to an actual SR account? Can they get into that account without my login details?

I'd love to delete my account. I did search on the forums for info but all the threads that were asking for their accounts to be deleted, never had a reply. So I guess I'm shit out of luck there? At the worst, they'll only have a record of what I bought over the past 3 months, which is only cannabis and some blues.

I admit I've been stupid and sloppy. I did straight transfers from bank to exchange to SR account. Probably 'cause I thought they'd never bust me for drugs. I never thought something else would trigger events leading to the shit I MAY be in. So my advice to those who think the same as I did, please be more careful. It doesn't have to be drugs related for them to check your bank account.

Anyway, would love to hear your advice on this. I'm constantly thinking of what I can say and what I can't (obviously not without speaking to a solicitor first, when that time comes). It's driving me nuts!

Frankly, I'm not 100% sure on the regulations of policing in the UK.

Destroy what parts of the paper trail you can. Really, that's all you can do.

In the future, do please use another account which you delete after each transaction. Bank > gox > wallet (delete after) > your personal wallet > purchase.

Another thing you can do is to buy using pre-paid credit cards which you can usually pick up anywhere nowadays. Get a friend to get it for you. Then they just give it to you, and once you're done with it, if the paper trail ever starts with them, they can say that they wrote the info on the card because they only wanted to use it once, and then lost it. Bam. Can the police prove them wrong? Doubtful.

It's not too hard.

Do what you can to erase your trail atm though. Good luck my friend!

- The Consultant

Another point is how will Police gain access to your silk road account history? :) unless you have your username and password written down they will only ever have a btc address which links to the website silk road. Silk Road however is not illegal and they won't have proof unless they literally find the substances that you ordered. Now i am no expert feel free to prove me wrong but i just don't hold any information on my PC or written anywhere about my btc addresses etc and as The Consultant said transfer it to a wallet then to SR and delete the wallet you used :)
Title: Re: What can the police do about buying BTC?
Post by: The Consultant on November 07, 2012, 11:25 pm
Hey all, seems bad times may be upon me and I know you're the best people to ask for advice, and hopefully people in the same position as myself (or could well be at any time), will learn something from this.

Here's my situation. I'm a buyer only, in the UK. My bank accounts MAY be checked by police for something non-drug related, nor scam related (for anyone who thought by this point they had a smart arse reply ;p). My bank account will show transfers to Intersango and mtgox on a regular basis. Will they question this? I know it's not illegal to buy bitcoins, but would the evidence of me buying BTC give them enough reason to delve deeper?

What happens when they do chase it up? Can they trace the BTC exchange transfer to an actual SR account? Can they get into that account without my login details?

I'd love to delete my account. I did search on the forums for info but all the threads that were asking for their accounts to be deleted, never had a reply. So I guess I'm shit out of luck there? At the worst, they'll only have a record of what I bought over the past 3 months, which is only cannabis and some blues.

I admit I've been stupid and sloppy. I did straight transfers from bank to exchange to SR account. Probably 'cause I thought they'd never bust me for drugs. I never thought something else would trigger events leading to the shit I MAY be in. So my advice to those who think the same as I did, please be more careful. It doesn't have to be drugs related for them to check your bank account.

Anyway, would love to hear your advice on this. I'm constantly thinking of what I can say and what I can't (obviously not without speaking to a solicitor first, when that time comes). It's driving me nuts!

Frankly, I'm not 100% sure on the regulations of policing in the UK.

Destroy what parts of the paper trail you can. Really, that's all you can do.

In the future, do please use another account which you delete after each transaction. Bank > gox > wallet (delete after) > your personal wallet > purchase.

Another thing you can do is to buy using pre-paid credit cards which you can usually pick up anywhere nowadays. Get a friend to get it for you. Then they just give it to you, and once you're done with it, if the paper trail ever starts with them, they can say that they wrote the info on the card because they only wanted to use it once, and then lost it. Bam. Can the police prove them wrong? Doubtful.

It's not too hard.

Do what you can to erase your trail atm though. Good luck my friend!

- The Consultant

Another point is how will Police gain access to your silk road account history? :) unless you have your username and password written down they will only ever have a btc address which links to the website silk road. Silk Road however is not illegal and they won't have proof unless they literally find the substances that you ordered. Now i am no expert feel free to prove me wrong but i just don't hold any information on my PC or written anywhere about my btc addresses etc and as The Consultant said transfer it to a wallet then to SR and delete the wallet you used :)

And of course, if you ARE ever going to save data to incriminate you, put it on a usb key which is encrypted, with a file which is encrypted, with a file in the file, and within that file a hidden encrypted directory, and within THAT... your data. All with truecrypt. All with keyfiles. Paranoia is great.

- The Consultant
Title: Re: What can the police do about buying BTC?
Post by: cjjujitsu9 on November 07, 2012, 11:59 pm
Hey all, seems bad times may be upon me and I know you're the best people to ask for advice, and hopefully people in the same position as myself (or could well be at any time), will learn something from this.

Here's my situation. I'm a buyer only, in the UK. My bank accounts MAY be checked by police for something non-drug related, nor scam related (for anyone who thought by this point they had a smart arse reply ;p). My bank account will show transfers to Intersango and mtgox on a regular basis. Will they question this? I know it's not illegal to buy bitcoins, but would the evidence of me buying BTC give them enough reason to delve deeper?

What happens when they do chase it up? Can they trace the BTC exchange transfer to an actual SR account? Can they get into that account without my login details?

I'd love to delete my account. I did search on the forums for info but all the threads that were asking for their accounts to be deleted, never had a reply. So I guess I'm shit out of luck there? At the worst, they'll only have a record of what I bought over the past 3 months, which is only cannabis and some blues.

I admit I've been stupid and sloppy. I did straight transfers from bank to exchange to SR account. Probably 'cause I thought they'd never bust me for drugs. I never thought something else would trigger events leading to the shit I MAY be in. So my advice to those who think the same as I did, please be more careful. It doesn't have to be drugs related for them to check your bank account.

Anyway, would love to hear your advice on this. I'm constantly thinking of what I can say and what I can't (obviously not without speaking to a solicitor first, when that time comes). It's driving me nuts!

Frankly, I'm not 100% sure on the regulations of policing in the UK.

Destroy what parts of the paper trail you can. Really, that's all you can do.

In the future, do please use another account which you delete after each transaction. Bank > gox > wallet (delete after) > your personal wallet > purchase.

Another thing you can do is to buy using pre-paid credit cards which you can usually pick up anywhere nowadays. Get a friend to get it for you. Then they just give it to you, and once you're done with it, if the paper trail ever starts with them, they can say that they wrote the info on the card because they only wanted to use it once, and then lost it. Bam. Can the police prove them wrong? Doubtful.

It's not too hard.

Do what you can to erase your trail atm though. Good luck my friend!

- The Consultant

Another point is how will Police gain access to your silk road account history? :) unless you have your username and password written down they will only ever have a btc address which links to the website silk road. Silk Road however is not illegal and they won't have proof unless they literally find the substances that you ordered. Now i am no expert feel free to prove me wrong but i just don't hold any information on my PC or written anywhere about my btc addresses etc and as The Consultant said transfer it to a wallet then to SR and delete the wallet you used :)

And of course, if you ARE ever going to save data to incriminate you, put it on a usb key which is encrypted, with a file which is encrypted, with a file in the file, and within that file a hidden encrypted directory, and within THAT... your data. All with truecrypt. All with keyfiles. Paranoia is great.

- The Consultant

Great idea, didn't think to do this however will be now :) thanks

CJ
Title: Re: What can the police do about buying BTC?
Post by: The Consultant on November 08, 2012, 01:05 am
Hey all, seems bad times may be upon me and I know you're the best people to ask for advice, and hopefully people in the same position as myself (or could well be at any time), will learn something from this.

Here's my situation. I'm a buyer only, in the UK. My bank accounts MAY be checked by police for something non-drug related, nor scam related (for anyone who thought by this point they had a smart arse reply ;p). My bank account will show transfers to Intersango and mtgox on a regular basis. Will they question this? I know it's not illegal to buy bitcoins, but would the evidence of me buying BTC give them enough reason to delve deeper?

What happens when they do chase it up? Can they trace the BTC exchange transfer to an actual SR account? Can they get into that account without my login details?

I'd love to delete my account. I did search on the forums for info but all the threads that were asking for their accounts to be deleted, never had a reply. So I guess I'm shit out of luck there? At the worst, they'll only have a record of what I bought over the past 3 months, which is only cannabis and some blues.

I admit I've been stupid and sloppy. I did straight transfers from bank to exchange to SR account. Probably 'cause I thought they'd never bust me for drugs. I never thought something else would trigger events leading to the shit I MAY be in. So my advice to those who think the same as I did, please be more careful. It doesn't have to be drugs related for them to check your bank account.

Anyway, would love to hear your advice on this. I'm constantly thinking of what I can say and what I can't (obviously not without speaking to a solicitor first, when that time comes). It's driving me nuts!

Frankly, I'm not 100% sure on the regulations of policing in the UK.

Destroy what parts of the paper trail you can. Really, that's all you can do.

In the future, do please use another account which you delete after each transaction. Bank > gox > wallet (delete after) > your personal wallet > purchase.

Another thing you can do is to buy using pre-paid credit cards which you can usually pick up anywhere nowadays. Get a friend to get it for you. Then they just give it to you, and once you're done with it, if the paper trail ever starts with them, they can say that they wrote the info on the card because they only wanted to use it once, and then lost it. Bam. Can the police prove them wrong? Doubtful.

It's not too hard.

Do what you can to erase your trail atm though. Good luck my friend!

- The Consultant

Another point is how will Police gain access to your silk road account history? :) unless you have your username and password written down they will only ever have a btc address which links to the website silk road. Silk Road however is not illegal and they won't have proof unless they literally find the substances that you ordered. Now i am no expert feel free to prove me wrong but i just don't hold any information on my PC or written anywhere about my btc addresses etc and as The Consultant said transfer it to a wallet then to SR and delete the wallet you used :)

And of course, if you ARE ever going to save data to incriminate you, put it on a usb key which is encrypted, with a file which is encrypted, with a file in the file, and within that file a hidden encrypted directory, and within THAT... your data. All with truecrypt. All with keyfiles. Paranoia is great.

- The Consultant

Great idea, didn't think to do this however will be now :) thanks

CJ

Glad to be of help my friend!

- The Consultant
Title: Re: What can the police do about buying BTC?
Post by: mschen on November 09, 2012, 03:21 am
There's nothing wrong with buying and selling BTC.  People use it to trade for legal goods all the time.  Hiding your trail of transactions is the challenge.  I hear a lot about how it's very difficult to trace a transaction but very difficult is not impossible even with tumblers.