Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

Global Law Enforcement Has Auctioned Massive Amounts of BitcoinLast month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations. For some reason, governments don’t want the digital assets used in crimes and entities […]

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AG Sessions ramps up War on Drugs

In January 2015, then-Attorney General Eric Holder made headlines when he issued a directive stating, “Federal adoption of property seized by state or local law enforcement under state law is prohibited, except for property that directly relates to public safety concerns, including firearms, ammunition, explosives, and property associated with child pornography,” which represent a small […]

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Asset forfeiture is legalized theft

Over the past several years, awareness of the issue of civil asset forfeiture has garnered the attention of media and legislators around the country. Eric Holder last year made modifications to the policies involving “[f]ederal adoption of property seized by state or local law enforcement under state law.” Holder said that his order does not […]

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