World governments are improving methods of confiscation of cryptocurrencies – Bits Media

Against the backdrop of crime growth, associated with cryptocurrencies, world governments focused on finding ways to confiscate funds, digital wallets.

Last week, the US Federal Bureau of Investigations reported, What is looking for private supplier of analytical software for tracking cryptocurrency transactions, related to illegal activities. Former FBI analyst Crane Hassold (Crane Hassold) During the interview, he told, that the agency uses special methods to confiscate cryptocurrency.

“Since cryptocurrency has become an integral component of cybercrime, Especially when it comes to robbers programs, The US government has focused on finding ways to confiscate the means, on digital wallets ".

Hassold added, that the methods of returning such funds are not disclosed, and "hardly the US government will publicize these tactics". Programmer and cryptocurrency analyst Stephen Dil (Stephen Diehl) noted, that the confiscation of the stolen in 2016 year with Bitfinex cryptocurrencies from Ilya Liechtenstein wallets (Ilya Lichtenstein) and his wife Heather Morgan (Heather Morgan) have not caused special difficulties.

He explained, that Liechtenstein kept his closed keys to cryptocurrency wallets in the cloud. After receiving orders for a search, law enforcement officers were able to access the file, containing 2 000 cryptocurrency addresses, and closed Lichtenstein keys. According to Dil, "The case was disclosed primarily due to poor information security by the alleged criminals".

In the UK and the USA, different rules for confiscating cryptocurrencies apply. According to the Law of Great Britain on crime income, cryptocurrency is classified as property. It means, that law enforcement agencies must wait for the suspect conviction, before removing cryptocurrency. If cryptocurrencies were qualified as money, их могли бы конфисковать просто по подозрению в причастности к преступной деятельности.

Often law enforcement agencies cannot access cryptocurrency, which they haunt - for example, If these products are placed on cryptocurrency wallets, whose owners are not in custody. In such cases, law enforcement agencies "freeze" funds. The authorities also block cryptocurrency transactions, Using the legislation - such measures were taken by the Canadian government against the "convoy of freedom".

Lawyer of protests in Ottawa Paul than (Paul Champ) said, what 15 On February, the Canadian government applied the law on emergency situations with the intention to block access to finance the "Condition of Freedom", but 17 February was issued a court prohibition, within the framework of a wider trial against protesting. According to Champan, This is “the first successful application of the ban in Canada, Cryptocurrencies aimed at the exchange ".

Earlier this month, the British tax and customs fees confiscated cryptocurrencies in the amount of £ 5,000 and three non -deposited token as part of an investigation of fraud for £ 1.4 million. In June last year, EU law enforcement officers, Australia and the United States conducted one of the largest operations to combat organized crime and seized crypto acts and fiat currencies worth $48 million.