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3232New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
https://www.digit.info/new-uk-law-empowering-authorities-to-seize-and-destroy-crypto-assets-takes-effect-today/
Sat, 27 Apr 2024 02:31:47 +0000https://www.digit.info/2024/04/27/new-uk-law-empowering-authorities-to-seize-and-destroy-crypto-assets-takes-effect-today/Read more]]>A 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 […]
]]>Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
https://www.digit.info/binance-and-huobi-freeze-1-4-million-in-crypto-linked-to-north-korea/
Fri, 17 Feb 2023 05:00:56 +0000https://www.digit.info/2023/02/17/binance-and-huobi-freeze-1-4-million-in-crypto-linked-to-north-korea/Read more]]>Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s Horizon Bridge. North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain analytics firm […]
]]>UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies
https://www.digit.info/uk-police-lobbying-for-new-laws-allowing-them-to-freeze-cryptocurrencies/
Sun, 13 Jun 2021 15:00:14 +0000https://www.digit.info/2021/06/13/uk-police-lobbying-for-new-laws-allowing-them-to-freeze-cryptocurrencies/Read more]]>UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. UK Police Want New Laws to Let Them Freeze Cryptocurrencies Scotland Yard detectives are […]
A 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 […]
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Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s Horizon Bridge. North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain analytics firm […]
UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. UK Police Want New Laws to Let Them Freeze Cryptocurrencies Scotland Yard detectives are […]