In most cases, confiscated assets can only be transferred or sold with the proceeds going to the state budget once a judge rules that the state is allowed to do so, which isn’t the case in this particular situation. However, states can request to initiate an emergency sale, which could be issued if the asset’s value might quickly lose value or is difficult to store, for example, Ante explained.
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past week, Bitcoin has traded...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is facing a critical test above...
