If there are Russian users reading this, it might be good to begin learning about Monero and other anonymous coins. You cannot risk your wallets being tainted with dirty coins if it is not tainted already. Also, I know there might be some of you would who will use the argument that there was data from Chainalysis that showed only 1% of bitcoin transactions were criminal. However, you cannot trust the Russian government not to frame you or taint your wallet themselves.
This is okay if your wallet holds only a small amount. What if you are a holder of $1 million in bitcoin? You might not be 100% safe.
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said.
Russia is preparing amendments to the current legislation to allow for the confiscation of crypto assets found to be proceeds from crime, Tass reported Wednesday.
Krasnov said that virtual assets have become a source of income for criminals, emphasizing that cryptocurrencies are being used for corruption, including bribery. “The latency of these criminal acts has recently been aggravated by the use of crypto assets as bribes,” he asserted, adding that cryptocurrency exchanges have been used as “a way of laundering stolen funds.”
Read in full https://news.bitcoin.com/russia-drafting-law-confiscation-crypto-assets/
