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BTCC / BTCC Square / Global Cryptocurrency /
Sweden Intensifies Crypto Asset Seizures Under Controversial New Law

Sweden Intensifies Crypto Asset Seizures Under Controversial New Law

Author:
Global Cryptocurrency
Published:
2025-07-04 20:37:02
18
3
BTCCSquare news:

Sweden's Justice Minister Gunnar Strömmer has directed law enforcement agencies to escalate confiscations of cryptocurrency holdings—even without concrete evidence of criminal activity. The move leverages a November 2023 law permitting seizures when owners fail to adequately explain asset origins, already netting $8.4 million in property.

The crackdown targets crypto's perceived role in organized crime, with Strömmer urging improved inter-agency coordination for high-value digital asset cases. 'It's time to turn up the pressure,' he declared, marking one of Europe's most aggressive stances on unexplained crypto wealth.

|Square

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