Forfeiture

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The High Court in Bloemfontein has authorised the final forfeiture of six luxury properties and a high-end SUV worth R32 million linked to the irregular Free State asbestos tender. The National Prosecuting Authority welcomed the order.

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Law enforcement agencies across several U.S. states are increasingly seizing cryptocurrencies linked to criminal activities, even in the absence of specific legislation. Connecticut and Texas have enacted laws explicitly allowing such forfeitures, while other states rely on broader existing statutes. Challenges persist in compensating victims amid volatile asset values.

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