Tag: Civil Asset Forfeiture

What is Civil Asset Forfeiture?

Governments are not in favor of Bitcoin and cryptocurrencies these days. They have never been, and it is highly unlikely they will ever be. The US Congress is introducing a new bill called “Combat Money Laundering, Terrorist Financing, and Counterfeiting Act 2017.” It touches upon many different subjects, including cryptocurrencies. The US government plans to seize consumers’ assets through a method referred to as “Civil Asset Forfeiture.”   Civil Asset …
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