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Bitcoin.com 2024-09-04 05:30:11

Scottish Court Sets Precedent With Crypto-to-Cash Confiscation

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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