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3232Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
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Wed, 04 Sep 2024 05:30:11 +0000https://www.digit.info/scottish-court-sets-precedent-with-crypto-to-cash-confiscation/Read more]]>Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely in cryptocurrency, but Judge Lady Ross sought legal clarification on whether […]
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely in cryptocurrency, but Judge Lady Ross sought legal clarification on whether […]
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