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Author Topic: UK Courts to be Granted with New Anti-Crypto Fraud Powers  (Read 959 times)

Offline mlawson71

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UK Courts to be Granted with New Anti-Crypto Fraud Powers
« on: March 03, 2022, 05:04:02 PM »
The United Kingdom has implemented new rules aimed at dealing with cryptocurrency fraud. According to a speech by the Head of Civil Justice in The Court System of England and Wales, Sir Geoffrey Vos, t the Civil Justice Council (CJC) will be updating its provisions and legislations to make it much easier for courts to trace and tackle down cryptocurrency fraud. According to said new rules, the power of the courts will be expanded so they can tackle similar issues outside the jurisdiction.
The new legislation will include rules about the courts being able to demand documents and  cases that connect individuals to fraud from exchanges and various other similar entities, so that the courts could find evidence that companies are aiding and abetting fraud.
Source
Personally, I imagine that in the light of the current situation those court powers will be expanded significantly in the future.

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UK Courts to be Granted with New Anti-Crypto Fraud Powers
« on: March 03, 2022, 05:04:02 PM »

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