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2022 Team Favorites: Cops Seizing Crypto

Bloomberg Crypto

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Identifying Scammed Crypto on the Blockchain

Police can see the movement of crypto on the blockchain. They must first do is trace it to criminal activity. Once they've traced it, they can then get a court order to seize wallets that are associated with stolen crypto. At that point, they cannot actually access those wallets without the seed recovery phrases and they can come in different ways.

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