What happens when a completely legitimate business is paid in stolen crypto and stablecoins?
You’re a shop owner selling something simple like cookies. You keep hearing about crypto and stablecoins and decide to accept them—lower fees sound great! But what happens if a customer pays with stolen crypto or illicit stablecoins? Since transactions are irreversible, there’s no chargeback, but could the government or courts still seize the funds if they’re linked to fraud or crime? If law enforcement traces the funds to theft or fraud, could you lose both the payment and the product? What legal risks do businesses face?
I want to accept stablecoins for my business but this just popped up in my head and now I’m thinking, this is potentially worse than a chargeback because there doesn’t seem to be a statue of limitation, things can be applied after the fact. In the real world if your business is paid in stolen bills, you generally keep the value of the transaction if it’s caught after the fact, I think.
Does anyone have insights on this?
submitted by /u/ThePatientIdiot
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