2018-7-13 22:12 |
Regulation
Japanese police have seized cryptocurrency belonging to a man with unpaid parking fines.
The police explain that the revised fund settlement law enacted in April last year allows cryptocurrency to be seized like any other asset.
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Crypto Seized for Parking Violations
Image from the Hyogo Prefectural Police’s website.
The Hyogo Prefectural Police traffic guidance division announced this week that it had seized cryptocurrency owned by a 59-year-old resident with multiple delinquent parking violation charges, local media reported.
The Kobe Shimbun reported that about 5,000 yen (~US$44) worth of cryptocurrency was seized but the police did not reveal which crypto.
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