Re: How does one seize a virtual coin?
Nope it's purely a P2P managed currency, so it can't be revoked centrally.
The Police would either have to be sure
- He doesn't have a backup of the wallet keychain elsewhere (they could never be sure)
- Be able to break his wallet password and transfer for the funds to a wallet they own.
I'd imagine if you were into organised crime you'd have your digital wallet in a few places and someone else would be able to move that currency out of there pronto if anything happend.