Connecticut 2025 Regular Session

Connecticut House Bill HB05237 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 477 1 of 1
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55 General Assembly Proposed Bill No. 5237
66 January Session, 2025
77 LCO No. 477
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1010 Referred to Committee on JUDICIARY
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1313 Introduced by:
1414 REP. FOSTER, 57
1515 th Dist.
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2020
2121 AN ACT CONCERNING CRYPTOCURRENCY, PIG BUTCHERING
2222 SCAMS AND ASSET FORFEITURE.
2323 Be it enacted by the Senate and House of Representatives in General
2424 Assembly convened:
2525
2626 That titles 53a and 54 of the general statutes be amended to: (1) Define 1
2727 digital currency in the penal code as a monetary instrument in a manner 2
2828 that is consistent with banking definitions; (2) allow preconviction 3
2929 confiscation of digital wallets associated with theft in order to create a 4
3030 victims compensation fund; and (3) create a hearing process to allow 5
3131 due process that notices the alleged offender who is the holder of the 6
3232 digital wallet. 7
3333 Statement of Purpose:
3434 To establish specific penal code and procedural provisions concerning
3535 crimes related to cryptocurrency and pig butchering scams.