The U.K. government has proposed a new crime bill that aims to assist law enforcement agencies in recovering funds from crypto criminals. The bill introduces measures on how to value destroyed crypto property and provides conditions for retrieving funds, as well as extending the powers of the Crown Court for confiscation orders. The bill is seen as a way to strengthen the ability of the criminal justice system in pursuing those who have benefited from criminal activity. This bill follows the Economic Crime and Corporate Transparency Act, which allowed for faster freezing and seizure of cryptocurrency.



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