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.
Syed says: "If individuals are to have their crypto assets taken off them before they are charged with any offence - or even arrested - it is hard to see this approach as anything more than an asset grab powered by a presumption of guilt without any evidence being produced."
He adds: "While it is unsurprising to see this approach now being taken to the crypto world, there is the fear that the authorities could use this power as a means of carrying out what may amount – in some cases at least – to unjustified (yet legal) seizure."
For the full article, click here. (link goes to an external website)
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.
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.