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New French Bill Could Give Authorities Powers to Seize Crypto Assets
9.9.2022
The country joins the U.K. in seeking to ensure police can get their hands on criminals’ bitcoin
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
9.9.2022
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident...
Korean police seize crypto for unpaid traffic fines in trial
18.8.2022
Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations
Victorian police to get 'greater power' to seize crypto assets from criminals
4.8.2022
The new bill will also compel cryptocurrency exchanges to hand over information that could assist police in criminal investigations
Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto
7.6.2022
Japan’s Ministry of Justice wants to give courts and police officers the power to seize cryptoassets in criminal cases – and could allow the state to take control of tokens that have been used in money laundering operations....
Read More: Japanese Justice Ministry Wants Law Enforcers to Have...
UK Promises New Laws to Promote, Seize Crypto
10.5.2022
Prince Charles promised legislation on economic crime and financial services as he formally opened a new session of parliament
Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency
21.4.2022
Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry...
eBay's Crypto Teaser, UK Seeks More Power to Seize Crypto + More News
28.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: eBay's Crypto Teaser, UK Seeks More Power to Seize Crypto + More News
UK Government Wants More Power to Seize Crypto Assets: Report
28.2.2022
The U.K. government is proposing a set of reforms giving it greater powers to seize crypto assets to tackle money laundering
Russian Intelligence Service Wants More Power to Seize Crypto, Freeze Wallets
10.12.2021
Russia’s answer to the American FBI, the Investigative Committee of Russia, has called upon the government to grant it the power to seize crypto and freeze wallets.
In an interview with the media outlet Rossiyskaya Gazeta, the committee’s Chairman Alexander Bastrykin stated that...
Dutch Authorities Seize Cryptocurrency Worth Over 25 Million Euros
14.11.2021
Dutch authorities have seized more than 25 million euros in cryptocurrencies, including bitcoin and ether, from dozens of suspects in criminal cases. “Cryptocurrencies are widely used as a means of payment for various types of crime,” said the Netherlands’ Public Prosecution...
UK Police Seize USB Stick With Ethereum Worth $9.5 Million
15.8.2021
British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in...
South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
28.7.2021
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approved change in ownership records. Assets held by...
IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns
14.5.2021
An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate chief counsel for Procedure &...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring
22.7.2020
The “large-scale" money laundering operation ran from 2015 through 2020, police officials allege
Belarus Wants Authorization to Seize Crypto from Criminals
9.3.2020
A state authority in Belarus wants to amend criminal procedure law to give authorities the right to confiscate crypto
Russia Confirms It's Planning Measures To Seize Crypto
5.12.2019
Adding to the legal uncertainty surrounding cryptocurrency in Russia, the country’s Ministry of Internal Affairs has confirmed earlier reports that it is cooperating with the Russian Supreme Court and a number of other federal institutions to prepare draft legislation that would allow...
Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients
5.11.2019
Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange
Reserve Bank of India Restricts Indian Police to Seize Crypto Scam Amount
4.10.2019
Legal implications on Banks by the Reserve Bank of India (RBI) have caused trouble for the Pune city police department wanting to cash out seized cryptocurrencies worth of 8.42 crore INR. That amount of Indian currency was acquired by selling 244.0925 Bitcoins. The cryptocurrency was seized from...