Swedish Minister for Justice: “Strengthening the seizure of criminal proceeds including virtual assets… It's time to increase the pressure”

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Suehyeon Lee

Summary

  • Sweden announced plans to focus on seizing criminal proceeds, including virtual assets.
  • Sweden's Minister for Justice stated that he instructed the police and relevant agencies to concentrate efforts on recovering large-scale criminal proceeds such as virtual assets.
  • It has been reported that the Swedish government has seized over $8,300,000 in criminal proceeds after 2024.

Sweden is set to focus on seizing criminal assets, including virtual assets (cryptocurrencies).

On the 5th (local time), according to Cointelegraph, Gunnar Strömmer, Sweden’s Minister for Justice, instructed the police, tax authority, and enforcement agencies to “concentrate their efforts on cases with a high possibility of recovering large-scale criminal proceeds, including real estate, corporate assets, and virtual assets.”

Regarding this, Minister Strömmer emphasized, “Now is the time to raise the pressure.” Meanwhile, it has been identified that the Swedish government seized over $8,300,000 (about ₩1,130,000,000) in criminal proceeds after 2024.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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