Swedish Authorities Allow Police to Intensify Seizures of Unexplained Crypto Accumulations
Sweden’s Justice Minister, Gunnar Strömmer, has called on key government agencies, including the police, the Enforcement Authority, and the tax office, to step up efforts in confiscating crypto suspected of being linked to criminal activities. The move follows a law passed in November 2024 that gives authorities the right to seize crypto assets, even without concrete evidence of a crime, if the owner can’t convincingly explain how they got them. Since the law took effect, the government has already confiscated the equivalent of $8.4 million, putting Sweden among the most aggressive European countries when it comes to going after unexplained…