Cryptocurrency Q&A
What happens to seized crypto?
What happens to seized crypto?
BusanBeautyBlooming
Tue Oct 29 2024
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6
answers
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I have some cryptocurrencies that were seized by the authorities and I'm wondering what happens to them after they're taken away. Will they be sold? Destroyed? Returned? I need to know the fate of my seized crypto.
6 answers
SamuraiWarriorSoulful
Thu Oct 31 2024
The seized funds can be acquired through various routes.
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TimeRippleOcean
Thu Oct 31 2024
Once acquired, the transferred assets are held securely.
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Martino
Thu Oct 31 2024
These assets are stored in a wallet that is controlled either by the government or a third party.
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EchoSolitude
Wed Oct 30 2024
The wallet serves as a temporary holding place for the seized assets.
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DigitalLordGuard
Wed Oct 30 2024
The assets remain in this wallet until a successful prosecution is carried out.
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