Cryptocurrency Q&A Can the US government seize your Bitcoin?

Can the US government seize your Bitcoin?

MountFujiVista MountFujiVista Wed Dec 25 2024 | 7 answers 1717
I've been hearing a lot about cryptocurrencies like Bitcoin recently and I'm wondering if the US government has the authority to seize someone's Bitcoin, just like they can seize physical assets in certain situations. Can the US government seize your Bitcoin?

7 answers

BitcoinWizardry BitcoinWizardry Fri Dec 27 2024
If the government has reason to believe that your cryptocurrency holdings are derived from criminal activity, they may be seized.

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CryptoAlchemy CryptoAlchemy Fri Dec 27 2024
Statutes exist that authorize the forfeiture of cryptocurrencies in specific circumstances.

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isabella_taylor_activist isabella_taylor_activist Thu Dec 26 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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Martina Martina Thu Dec 26 2024
Among its offerings, BTCC provides access to spot and futures trading, as well as a cryptocurrency wallet service.

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Federico Federico Thu Dec 26 2024
This seizure can lead to forfeiture proceedings under the provisions outlined in 18 U.S.C. § 981(a)(1)(C).

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