Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
Submitted by Anonymous (not verified) on Wed, 09/04/2024 - 09:00
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 […]