Andrew Spring writes:
This wasn't really my point. Grassley's bill implies that uploading crypto to an overseas FTP site would qualify as a predicate act, needed for a RICO seizure. I think he is assuming that someone would do this for the purposes of making money: and that anything bought with that money would be RICOable. I don't think he or anyone else in Congress is aware that people tend to do this stuff for free.
I disagree. Sec. 1030A (a) under S.974 would make it illegal to "transfer unlicensed computer software," *"regardless of whether the transfer is performed for economic consideration"*. S.974 would make each such transfer a predicate act for RICO purposes. (this message is oddly formatted due to problems I'm having with my environment right now) -Futplex