The printed text includes virtual currency in criminal code definitions and describes when courts may order seized property returned or disposed of.
The printed text treats virtual currency as property and includes it among the funds covered by money laundering rules.
Courts could order seized virtual currency returned or disposed of under rules that depend on its link to a crime and whether anyone is convicted.
The text includes virtual currency in definitions of property and funds used in several criminal code sections. The definitions apply to theft and related offenses, money laundering, and other sections cited in the bill text.
The text provides rules for what courts may do with property validly seized in a criminal case, including virtual currency. These rules apply to property validly seized, including virtual currency. If seized property came from a crime, it is returned to its lawful owner. A court may order property tied to crime proceeds disposed of after the person is convicted. If those responsible cannot be found after reasonable efforts or are outside the United States, a Superior Court judge directs how the property is disposed of.
No hearings or votes scheduled.