Abandoned Bitcoin: Illinois Wants to Seize Unclaimed Crypto After 5 Years

Lawmakers in Illinois are pushing a bill that will allow the state government to seize cryptocurrencies that have been left unclaimed after five years. According to the proposal, the “abandoned” cryptocurrencies would be liquidated, with the proceeds being sent to the State Treasurer. Illinois House Bill 4573, introduced by Rep. Michael J. Zalewski, is an […]

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