Brazilian federal lawmaker Chrisóstomo de Moura has proposed a bill granting courts the authority to freeze or confiscate crypto assets of cybercrime suspects. The legislation would enable judges to independently or upon prosecutors' requests block access to crypto wallets and traditional financial assets. This initiative aims to address the growing issue of crypto-related fraud in Brazil and includes the creation of a National Fund for the Compensation of Fraud Victims. The bill is currently under committee review and will be subject to further debate.
Brazilian Bill Seeks Court Powers to Confiscate Crypto in Cybercrime Cases
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