Rules Surrounding Seized Bitcoin May Vary Department by Department, Says Legal Expert

Seized Bitcoin Regulations

Departmental Variances

A legal expert from Falcon, Rappaport and Berkman, Moish Peltz, has highlighted that the regulations concerning seized bitcoin might differ depending on the department involved.

Legislative Impact

Peltz mentioned that the rules could be subject to change based on how the bitcoin was initially seized, indicating that Congressional action may be required for certain portions of the seized assets.

Potential Changes in Legislation

Adaptation on a Case-by-Case Basis

Peltz suggested that while some seized bitcoin holdings may necessitate Congressional approval, others might not require such intervention, hinting at a potential need for flexibility in the legislative process.