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Treasury/Auction Account #97

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Mike-E-angelo opened this issue Apr 19, 2023 · 2 comments
Open

Treasury/Auction Account #97

Mike-E-angelo opened this issue Apr 19, 2023 · 2 comments

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@Mike-E-angelo
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Getting money in and out is a known/obvious fraud risk, one that Stripe/PayPal/Coinbase should be able to handle most if not all the time. But what happens when that money is already "parked" in our domain? We have to reverse/cover the activity. If money has been used to already purchase licenses, we can sell them to a treasury/auction account just as they do for police departments for assets involved in stolen/criminal/fraudulent activity.

@wrexbe
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wrexbe commented Apr 19, 2023

After buying it, it could be re-sold to get money back into the Treasury account for future issues

@Mike-E-angelo
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After buying it, it could be re-sold to get money back into the Treasury account for future issues

Indeed, I left that part out as it is the presumed outcome of the arrangement. Thank you for clarifying. 🙏

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