May 22, 2024

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New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

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New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect TodayA new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […]