Russia asks foreign countries for help in seizing cryptocurrencies

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Arrest_b-min

For the first time, the Prosecutor General’s Office of the Russian Federation sent requests to foreign law enforcement agencies for legal assistance regarding the arrest of cryptocurrencies. It is reported by TASS.

Among others, colleagues from the security forces in Kazakhstan received the appeal.

According to the Prosecutor General of the Russian Federation Igor Krasnov, in the future the number of such requests will increase significantly.

“However, their enforcement will be impossible if each jurisdiction begins to use its own procedures that are not applicable in the requested country,” he said.

Krasnov also spoke about the continuing risks of using cryptocurrencies to transfer criminal funds abroad, including those obtained as a result of corruption schemes.

The official invited the participants of the Interstate Anti-Corruption Council to generalize the practice in terms of legal regulation of circulation, arrest, confiscation, subsequent storage and sale of digital assets.

Recall that Russian courts in 2022 made 1758 decisions regarding cryptocurrencies. Of these, 463 acts were drawn up in criminal cases, in particular on facts of fraud, misappropriation or embezzlement, money laundering and drug trafficking.

In April 2022, Igor Krasnov announced the need to include digital currencies in criminal law in order to investigate cases of their theft and the possibility of arrest.

In the same year, the Council of Legislators of the Russian Federation proposed to increase liability for crimes using cryptocurrencies.

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