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Russian Intelligence Service Wants More Power to Seize Crypto, Freeze Wallets
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Russia’s answer to the American FBI, the Investigative Committee of Russia, has called upon the government to grant it the power to seize crypto and freeze wallets.
In an interview with the media outlet Rossiyskaya Gazeta, the committee’s Chairman Alexander Bastrykin stated that the “decentralized nature of the issuance” of what he called “digital currencies” does not currently “allow for full state control in this area.”
Bastrykin claimed that in some special cases, law enforcers can use existing laws to seize and freeze coins much as they might do with bank accounts, funds, and securities.
But decentralization is a thorn in the side for agents and officers trying to do this, the Chairman noted. Often, officers are forced to seek the help of
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