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Policy

Sell Seized Criminal Cyber currency

Crime Sell Seized Criminal Cyber currency

Policy:

Sell the cryptocurrency that the UK law enforcement has seized from criminals.

UK law enforcement is successfully seizing vast fortunes in cryptocurrency from criminals. While the first priority must always be to return funds to the victims of crime, a significant amount of these digital assets remains unclaimed.

These assets should not sit idle in a digital wallet. They should be converted into sterling to serve the public good.

The recent seizure of over 61,000 bitcoins, valued at more than £3 Billion, highlights the scale of this opportunity.

This is a zero-cost windfall for the taxpayer.

By systematically liquidating the proceeds of crime, the UK can secure a substantial new revenue stream to pay down national debt or reinvest in front-line policing, ensuring that crime literally pays back into the system it sought to exploit.

National Debt Reduction of £-5 Billion