• Ukraine has set the first precedent for managing seized cryptocurrency.
• For the first time, the state has taken seized crypto assets into management.
• Their total exceeded $8.3 million in USDT, or 372 million hryvnias.

The Office of the Prosecutor General of Ukraine reported the first-ever case in the country of transferring seized virtual assets into the management of ARMA. More than 8.3 million USDT has already been transferred to the agency’s crypto wallet, equivalent to more than 372 million hryvnias.

“This is the first case where seized crypto assets have effectively been transferred into state management,” the Office of the Prosecutor General noted.

This concerns…