Sweden’s Minister of Justice Makes Critical Statements on Cryptocurrency: Issues New Instructions

Sweden’s Minister of Justice Makes Critical Statements on Cryptocurrency: Issues New Instructions

Swedish Justice Minister Gunnar Strömmer has issued new instructions regarding illegal cryptocurrencies seized in the country. Continue Reading: Sweden’s Minister of Justice Makes Critical Statements on Cryptocurrency: Issues New Instructions ...

Sweden Orders Crypto Seizures Without Proof of Crime in New Crackdown

Sweden Imposes Seizure of Crypto Without Proof of Crime in New Crackdown Sweden launched one of the strongest anti-crypto initiatives in Europe aimed at unexplained cryptocurrency holdings, empowering authorities to seize crypto without proof of crime. On July 4th, Decrypt reported that Justice Mini...

Sweden Unleashes Bold Crypto Crackdown With Increased Seizure Powers To Police

New law allows seizure of assets without proven criminal offense Over $8.4 million in assets already seized under new law Lawmakers push to turn confiscated crypto into national BTC reserve Sweden has instructed its law enforcement agencies to seize more property, including crypto, associated with suspected crime. The Ministry of Justice has directed the police, the Tax Agency, and the Enforcement Authority to use current forfeiture laws. This a…

Gunnar Strömmer calls law enforcement to increase cryptocurrency seizure

Strömmer has encouraged the authorities to utilize more forfeiture laws that were put in place last November. These laws allow enforcement agencies to confiscate assets even if it cannot be proved that someone has broken the law. This means if officials believe that anyone has earned cryptocurrency illegally or that person cannot explain where the money came from, the police and other arms of the government will be able to acquire it by law. Swe…

Sweden calls for tighter crypto seizures under new forfeiture law

Gunnar Strömmer calls law enforcement to increase cryptocurrency seizure and other illicit profits.

Sweden’s Justice Minister Says To ‘Turn Up The Pressure’ On Crypto Seizures

Sweden’s justice minister has called on local authorities to focus on crackdowns that could yield larger seizures of assets including cryptocurrency under a 2024 law that allows the confiscation of luxury items and cash from individuals even if they aren’t the target of an investigation. According to a Thursday report from financial news outlet Dagens industri, Minister of Justice Gunnar Strömmer said local police, tax authorities and the Swedis…