According to what the Minister of Justice in Sweden ordered the law enforcement to intensify the seizures imposed on unjustified encryption possessions – even without direct evidence of a crime. The guidance depends on a controversial law that can redefine the confiscation of assets in the digital age.
On July 4, decomposition I mentioned The Minister of Justice in Sweden, Gunnar, issued a formal invitation to enforce the law, the tax authorities, and the National Enforcement Authority to intensify the confiscation of encryption assets suspected to be linked to the illegal activity.
The guidance depends on a law issued last November that gives the authorities a sweeping powers to seize digital assets, even without final evidence of criminal behavior, if the owners are not able to explain their assets adequately. Since its introduction, the law has already been used to seize $ 8.4 million in property, which represents one of the most aggressive positions in Europe on the unjustified wealth.
According to the report, Strömmer stressed the importance of improving coordination between agencies, especially when dealing with high -value assets such as cryptocurrencies, saying that time has come to raise pressure. “
Why does Sweden target the powers of an aggressive attack?
The push of Justice Minister Stromer Yanbu from the escalating attention on the role of digital assets in the organized crime economy in Sweden.
A September 2024 Report From the Police Authority in Sweden and the Financial Intelligence Unit, I found that some exchanges in the encrypted currency act as services in the field of fact laundering – which leads to the flow of drug funds, fraud returns, and other criminal revenues. The report explicitly urged law enforcement to “increase its presence” on encryption trading platforms to help identify and dismantle these operations.
Meanwhile, modern numbers from the Bloomzbury Institute for Intelligence and Security estimate that nearly 62,000 people participated in or connected criminal networks in Sweden until 2024.
While data on encryption crime is still few, the authorities are citing the concealment of identity and the capabilities of digital assets across the border as main empowerment factors for organized crime. These concerns are likely to feed the Strömmer argument that the laws confiscation of assets in Sweden must develop to suit the facts of the financial crime in the digital age.
One of the most vocal supporters in the StröMMER campaign is the Swedish Democrat Dennis Dycraev, a prominent lawyer for the Bitcoin National Reserve. Dioukarev argues that Crypto, especially Bitcoin (BTC), should be transferred to the central bank in Sweden, Riksbank, to build a strategic reserve.
“The cryptocurrency confiscated currencies should be reused to enhance the financial situation of Sweden,” Duikiriev said in the report, and it fly this step as a means of converting crime control into a long -term economic asset.
However, the government’s silence on what will actually happen to the confiscation of the encryption has raised questions. When clicking on it, the StröMMER office refused to clarify whether the assets that were seized, kept or directed to a national reserve will be filtered.
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2025-07-04 20:17:00