Lazy Legal Queries
November 8, 2021 1:43 AM Subscribe
In 2013 I owned some bitcoin but didn't want to. I gave them to someone to invest but they promptly vanished. I didn't persue at the time because it just didn't seem worth but now I'm wondering if there if someone (in the UK) I could hire on some kind of no win no fee basis to see if they can be reclaimed.
I mean, I'm assuming the answer is "No, give it up" but basically I kinda don't want the stress of it, but.. they're kinda worth a lot of money now. I have emails confirming all of the transactions but no formal contract. So I'm wondering if I can hand all that over to someone.
I mean, I'm assuming the answer is "No, give it up" but basically I kinda don't want the stress of it, but.. they're kinda worth a lot of money now. I have emails confirming all of the transactions but no formal contract. So I'm wondering if I can hand all that over to someone.
I gave them to someone to invest but they promptly vanished.
What vanished, the bitcoins or the person?
posted by EndsOfInvention at 5:40 AM on November 8, 2021 [4 favorites]
What vanished, the bitcoins or the person?
posted by EndsOfInvention at 5:40 AM on November 8, 2021 [4 favorites]
What vanished, the bitcoins or the person?
The OP!
posted by Nonsteroidal Anti-Inflammatory Drug at 9:17 AM on November 9, 2021 [6 favorites]
The OP!
posted by Nonsteroidal Anti-Inflammatory Drug at 9:17 AM on November 9, 2021 [6 favorites]
Response by poster: Fair point sorry. (I find the whole concept just really more stressful that I have any right to)
They had offered to attempt to invest the bitcoins over a 12 month period.
They then stopped responding to emails.
posted by Just this guy, y'know at 10:04 AM on November 14, 2021
They had offered to attempt to invest the bitcoins over a 12 month period.
They then stopped responding to emails.
posted by Just this guy, y'know at 10:04 AM on November 14, 2021
1) Do you still have your wallet file or otherwise know the Bitcoin addresses involved here? If so, you can somewhat track what has happened to them, though not necessarily where they are today. Presumably an address (either yours or theirs) would have needed to be exchanged at some point for you to give the bitcoins to someone else.
1a) So a better question might be, "How did you give/send these bitcoins to the other person?"
2) Do you know specifically what "invest the bitcoins" meant? That's an odd statement but knowing details would help know your options.
I could see someone saying they'd invest your money into bitcoin, but bitcoins are frequently seen as an investment in their own right, you don't do anything to them. Were they going to sell them and put the proceeds into other assets, like other cryptocurrencies?
It's like if someone during the 90s said they'd take your Beanie Babies and invest them. People were selling Beanie Babies and buying Beanie Babies, but if you had them already, I don't see how investing is a verb that fits in.
posted by Nonsteroidal Anti-Inflammatory Drug at 12:39 PM on November 16, 2021 [1 favorite]
1a) So a better question might be, "How did you give/send these bitcoins to the other person?"
2) Do you know specifically what "invest the bitcoins" meant? That's an odd statement but knowing details would help know your options.
I could see someone saying they'd invest your money into bitcoin, but bitcoins are frequently seen as an investment in their own right, you don't do anything to them. Were they going to sell them and put the proceeds into other assets, like other cryptocurrencies?
It's like if someone during the 90s said they'd take your Beanie Babies and invest them. People were selling Beanie Babies and buying Beanie Babies, but if you had them already, I don't see how investing is a verb that fits in.
posted by Nonsteroidal Anti-Inflammatory Drug at 12:39 PM on November 16, 2021 [1 favorite]
This thread is closed to new comments.
posted by mskyle at 5:04 AM on November 8, 2021 [4 favorites]