Sweden's Justice Minister urges authorities to seize assets, including crypto, under controversial law
Sweden’s justice minister urges local authorities to focus on seizing assets, including cryptocurrency, under a 2024 law allowing confiscation of luxury items and cash. Over $8.3 million in criminal profits seized since 2024. Controversial law allows confiscation without formal suspicion. Swedish lawmaker calls for Bitcoin reserve to emulate US approach. US creates national crypto reserve.
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1. Bitcoin reaches new all-time high of $60,000, fueled by increased institutional interest and growing mainstream adoption.
2. Ethereum surpasses $2,000 for the first time, as DeFi and NFT projects continue to drive demand for the cryptocurrency.
3. Tesla announces $1.5 billion investment in Bitcoin, causing a surge in the cryptocurrency’s price and boosting market confidence.: Sweden’s Justice Minister Says To ‘Turn Up The Pressure’ On Crypto Seizures