UK Gov Announces Cryptoasset Forfeiture Provisions in Circular 005/2024

This circular is issued to ensure consistency in practice by law enforcement agencies in the operation of the new non-conviction based, civil powers for the forfeiture of cryptoassets.

A separate circular 004/2024 is issued to cover the new cryptoasset confiscation powers.

This circular does not constitute legal advice. It is not a statement of law and is not intended to provide a comprehensive description or interpretation of the powers.

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