Copy-paste | Alfa-Bank does not get to Abyzov's cryptocurrency assets

Alfa Bank wants to receive 10 billion rubles from Mikhail Abyzov, but up to all the assets of the ex-Minister of the Russian FederationThe bank cannot reach the Federation for coordinating the activities of open government.

The credit institution, which has been trying to collect debts from Abyzov and his company E4 Group since 2015, has secured the seizure of his assets in Singapore, including real estate and cryptocurrencies.

Let us remind you that Mikhail Abyzov is accusedin fraud in the amount of 4 billion rubles, as well as in illegal entrepreneurship and money laundering. The former minister himself does not admit his guilt and denies involvement in the activities of the E4 Group. According to him, he has left business since becoming a minister. In Russia, the ex-minister's assets were initially seized in the amount of 27 billion rubles, including bank accounts and real estate. However, some of the assets were subsequently unfrozen.

Why Alpha won't receive cryptocurrency assets

Alfa Bank achieved the seizure of all assetsex-Minister for Open Government Affairs, including Digital Affairs. However, if everything is simple with real estate and bank accounts, then taking away cryptocurrency and digital tokens is unlikely to work for a number of technical and legal reasons.

Firstly, today the cryptocurrencyThere is no legal status in Russia. In February of this year, the Supreme Court actually equated it to property by including it in the article of the Criminal Code on the laundering of proceeds from crime. However, in practice, in order to confiscate digital assets, you must first remove them from the gray zone, recognizing them as goods or a monetary equivalent.

Continued on the website: https://beincrypto.ru