Cryptocurrency Q&A What coin is illegal to own in the US?

What coin is illegal to own in the US?

mia_anderson_painter mia_anderson_painter Thu Sep 12 2024 | 7 answers 1824
I'm curious, can you enlighten me on which cryptocurrency is considered illegal to possess within the boundaries of the United States? It's a topic that I've been meaning to delve into, and I'm eager to gain a better understanding of the legal implications surrounding cryptocurrency ownership in this country. What coin is illegal to own in the US?

7 answers

PulseRider PulseRider Sat Sep 14 2024
The enforcement of this prohibition is entrusted to the United States Secret Service, an agency renowned for its vigilance in safeguarding the nation's financial interests.

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CryptoAlchemy CryptoAlchemy Sat Sep 14 2024
Reports of the existence of other 1933 double eagle specimens occasionally surface, fueling speculation and intrigue within the numismatic community.

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SakuraTide SakuraTide Sat Sep 14 2024
The 1933 double eagle coin holds a unique position in the realm of numismatics and finance. Its rarity stems from the fact that it was never officially released to the general public.

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Michele Michele Sat Sep 14 2024
When such reports emerge, the Secret Service swiftly springs into action, initiating investigations to verify their authenticity and determine whether any laws have been breached.

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Caterina Caterina Sat Sep 14 2024
Consequently, the private ownership of this coin is deemed illegal, with a sole exception: the Weitzman Specimen. This particular specimen holds a special status, allowing its ownership under the current legal framework.

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