Man Robbed of 16 Bitcoin Sues Young Thieves’ Parents

&gt; Neither of the defendants’ families are disputing the basic claim that their kids stole from Mr. Schober. Rather, they’re claiming that time has run out on Schober’s legal ability to claim a cause of action against them.<p>I was honestly shocked to read this. Can it be surprising the kids think it&#x27;s okay to steal if this is their parent&#x27;s response? Clearly two very smart guys but in the long run ethics matter a lot more than money or intelligence.

&quot;Because plaintiff did not file his lawsuit until May 21, 2021, three years and five months after his injury, his claims should be dismissed.&quot;<p>Can someone please explain how the statute of limitations works?<p>From what this lawyer wrote, it sounds like the clock starts ticking when you find out you were injured even if you have no idea who did it. So, if it takes you years to track down the thief, then you&#x27;re out of luck even if you file suit the day you discover his identity.<p>Is this correct?

What&#x27;s interesting to me is the letter sent to the parents house, it&#x27;s similar to that of a scam email requesting for millions of bitcoin... or else. The irony. Side note: could have this happened if you ran a browser with JS turned off?

I got duped like this once. I clicked on a crypto-bank in the &#x2F;r&#x2F;bitcoin sidebar, and it ended up being a scam.<p>Of course, this was when bitcoin was $500 and I was just trying to transf it off of a work computer.<p>If I was dealing with tens of thousands, I would not have been so foolish to try and transfer the bitcoin without expert help.<p>Who the hell installs a random app and then uses it to transfer millions of $$ in bitcoin?!? What a fool!

If this is all true the kid tried to frame another boy for the theft. The ethics of stealing aside, that&#x27;s just pure evil, especially at such a young age. Imagine they&#x27;d not discovered him and it would have ruined the other guy&#x27;s life having to go to prison for a crime they didn&#x27;t commit.

How did they track the destination address to Oliver Paul Read? How is that even possible? Was it because the address was a Bitfinex address which they subpoenaed?

Pretty stupid of his mother to represent him, and then admit to the court that he did it. The statute of limitations argument is a loser.

I&#x27;m curious how cross-border civil-case lawsuits work between individuals. Can the Reads just ignore the lawsuit? If so, will they get arrested next time they try to enter the US or do they get extradited upon conviction?

Is this the &quot;Electrum-Atom&quot; he was talking about?<p><a href="https:&#x2F;&#x2F;github.com&#x2F;rootSig&#x2F;electrum-atom" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;rootSig&#x2F;electrum-atom</a>

The irony of crypto being lauded as an unregulated market outside of government control, and then crypto millionaires using government-backed courts to sue when they lose their assets due to bad opsec, is palpable.<p>Everyone loves the wild west until they&#x27;re the ones being victimized, then it turns out 3rd party authorities are useful after all.

Case law around Bitcoin theft is going to be <i>very</i> interesting.<p>I&#x27;m highly interested in what will happen if we can crack the crypto and move all the funds from a given wallet without any interaction or deception. It&#x27;s just math, and there&#x27;s no sovereign entity you&#x27;re attacking or depleting. No corporate server. Seems like if you can get the numbers to match, the proceeds are yours. But we&#x27;ll see.<p>Edit: are downvoters afraid of this idea?