A legal asset after all? Governments are cashing in on seized crypto

[Lenipiw]

The way law enforcement agencies deal with seized crypto could indicate their de-facto acceptance of the asset class.
It is customary for government officials around the world to profess their disdain for crypto on the grounds that it is widely used to facilitate crime and finance terrorism. Although (government-backed) cash still remains criminals’ preferred financial tool by a wide margin, it is true that nefarious actors also turn to digital assets. When corrupt plans go sideways, law enforcement and other government agents can find themselves in possession of hefty sums of crypto.
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