CFAAR's Syed Rahman voices concern over new UK crypto seizure powers
Syed Rahman wrote an article for Cointelegraph about a change to the law that enables UK authorities to seize someone's crypto assets without them being arrested.
CFAAR committee members Charlotte Hill and Dan Wyatt speak with James Field of CoinGeek in an in-depth feature exploring barriers to recovering digital assets and how the English courts are pioneering this field.
Charlotte comments: "In terms of actually seeking to recover the asset, if it's in, for example, a centralized wallet, it is more often than not possible, as long as that exchange or whoever is holding the wallet is willing to play ball with you."
Dan adds:
"If stolen crypto has gone through a mixer and been dissipated all around the world to cold wallets or less reputable exchanges it's more difficult, but usually there are always leads to follow."
For the full interview, please click here (link goes to an external website).
Syed Rahman wrote an article for Cointelegraph about a change to the law that enables UK authorities to seize someone's crypto assets without them being arrested.
CFAAR's Vice-Chair Carmel King speaks with GRR about the UK Jurisdiction Taskforce's recent public consultation on the treatment of digital assets in English Insolvency Law.
Following CFAAR's submission to the recent consultation held by the UK Jurisdiction Taskforce of LawTechUK, CFAAR Vice-Chair Carmel King will appear as a panellist at the upcoming launch event for the Legal Statement on Digital Assets and English Insolvency Law to be held in London on 24 April, 2024.