What you need to know about the confiscated cryptocurrency in Russia?

On May 30, the State Duma adopted a law on the confiscation of property obtained as a result of hacker attacks and other crimes in the field of computer information. Under the new law, property and money will be confiscated from those who “illegally gained access to computer information protected by law”, and the act entailed “destruction, blocking, modification or copying of computer information” and major damage. If the offender acted out of selfish interest, or the cyberattack was committed by prior agreement or using his official position, he also faces confiscation, RBC Crypto writes. Confiscation is understood as the