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What happens to crypto seized in criminal investigations? -Breaking


The life of a criminal: What happens when crypto is seized during criminal investigations?

Earlier this year, during during the annual Queen’s Speech in the United Kingdom, The Parliament was informed by Prince CharlesAbout two bills. One of them — the Economic Crime and Corporate Transparency Bill — would Expand the powers of governmentTo seize and retrieve crypto assets.

The United States Internal Revenue Service, (IRS), is in the meantime. seizedIn 2021, crypto will be worth more than $3Billion