The Supreme Court’s review of United States v. Chatrie puts geofence warrants and mass digital data seizures under Fourth Amendment scrutiny, raising urgent questions about particularity, AI-driven searches, and constitutional limits in the digital age.
Taiwan’s Ministry of Justice has disclosed that the government holds more than 210 bitcoin seized through criminal investigations, placing the island among the world’s top government holders of the asset by volume.
The disclosure, confirmed by legislator Ko Ju-chun, shows that judicial authorities held 210.45 BTC as of Oct. 31. At current market prices, their BTC is worth about $18 million. According to data from Bitcoin Treasuries, this would put Taiwan as the 10th-largest government holder of BTC globally.
Ko said the information was released in response to a legislative inquiry and shared an image documenting the total amount held under state custody. The ministry said the bitcoin was confiscated in cases tied to financial crime and illegal digital asset activity.
Back in November, Taiwan’s Premier and Central Bank reportedly agreed to study Bitcoin as a strategic reserve, draft pro-Bitcoin regulations, and pilot BTC treasury holdings, starting with seized BTC that is ‘awaiting auction.’
While many countries have accumulated BTC through enforcement actions, few have provided clear guidance on custody standards or long-term policy.
Taiwan’s Ministry of Justice did not outline any plans to liquidate, auction, or convert the seized BTC into fiat currency. Officials also did not disclose where or how the BTC is custodied, or whether it is held through self-custody or third-party services.
BREAKING: The Ministry of Justice has just revealed that Taiwan now holds 210.45 Bitcoin in seized assets.
Collectively, governments worldwide hold more than 640,000 BTC, or about 3% of bitcoin’s total supply, according to public data. Most of these holdings stem from law enforcement seizures rather than formal reserve strategies.
Taiwan has not announced any intention to adopt BTC as part of its national reserves.
Still, the disclosure lands amid broader debates in the country over digital asset regulation and the treatment of confiscated crypto. Lawmakers have pressed agencies to clarify whether seized assets should be sold, retained, or managed under a standardized framework.
The Ministry of Justice said the BTC was obtained as part of its broader effort to track and process virtual assets tied to criminal proceedings.
At the time of writing, the price of Bitcoin is near $88,000.
Officials in New Zealand announced this week that they have completed a massive seizure of cocaine at sea, calling it a “major financial blow” to producers and traffickers of the drug.
Authorities there said on Wednesday that the seizure was a part of “Operation Hyrdros,” with New Zealand Police working in partnership with both New Zealand Customs Service and the New Zealand Defence Force.
The announcement said that “no arrests have been made at this stage,” but that “enquiries will continue into the shipment including liaison with our international partners.”
Members of those units intercepted “3.2 tonnes of cocaine afloat” in the Pacific Ocean. NZ Customs Service Acting Comptroller Bill Perry said that the “sheer scale of this seizure is estimated to have taken more than half a billion dollars’ worth of cocaine out of circulation.”
“Customs is pleased to have helped prevent such a large amount of cocaine causing harm in communities here in New Zealand, Australia and elsewhere in the wider Pacific region,” Perry said. “It is a huge illustration of what lengths organised crime will go to with their global drug trafficking operations and shows that we are not exempt from major organised criminal drug smuggling efforts in this part of the world.”
NZ Police Commissioner Andrew Coster called it “one of the single biggest seizures of illegal drugs by authorities in this country.”
“There is no doubt this discovery lands a major financial blow right from the South American producers through to the distributors of this product,” Coster said.
Coster added, “While this disrupts the syndicate’s operations, we remain vigilant given the lengths we know these groups will go to circumvent coming to law enforcement’s attention.”
The authorities said in the announcement on Wednesday that “eighty-one bales of the product have since made the six-day journey back to New Zealand aboard the Royal New Zealand Navy vessel HMNZS Manawanui, where they will now be destroyed.”
It is believed that “given the large size of the shipment it will have likely been destined for the Australian market,” according to the announcement.
Coster said that Operation Hyrdos “was initiated in December 2022, as part of our ongoing close working relationship with international partner agencies to identify and monitor suspicious vessels’ movements.”
Some of the packets of drugs had four-leaf clover or Batman identifying stickers. Courtesy of New Zealand Police
“I am incredibly proud of what our National Organised Crime Group has achieved in working with other New Zealand agencies, including New Zealand Customs Service and the New Zealand Defence Force. The significance of this recovery and its impact cannot be underestimated,” Coster said.
“We know the distribution of any illicit drug causes a great amount of social harm as well as negative health and financial implications for communities, especially drug users and their families,” Coster added.
The announcement said that Coster noted that the “operation continues already successful work New Zealand authorities are achieving in working together and continues to lessen the impacts of transnational crime worldwide.”
New Zealand Defence Force Joint Forces commander Rear Admiral Jim Gilmour said that his unit “had the right people and the right capabilities to provide the support required and it was great to work alongside the New Zealand Police and the New Zealand Customs Service.”
“We were very pleased with the result and are happy to be a part of this successful operation and proud to play our part in protecting New Zealand,” Gilmour said.
The Organization for Security and Co-operation in Europe (OSCE) has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations. The regional body recently organized a training course for employees of the country’s security agencies in Tashkent.
Uzbekistan Police and Security Agents Attend OSCE Course on Cryptocurrencies
Representatives of Uzbekistan’s Prosecutor General’s Office, the Ministry of Internal Affairs, and the State Security Service have taken a training course on cryptocurrency and dark web investigations held by the OSCE between Oct. 17 and 21 in the capital Tashkent.
The course was organized by the OSCE Transnational Threats Department in co-operation with the OSCE Project Co-ordinator in Uzbekistan and the Academy of the Prosecutor General’s Office, the intergovernmental security body said on its website.
“Participants learned about the main concepts and key trends in the areas of internetworking, anonymity and encryption, cryptocurrencies, obfuscation techniques, dark web, and Tor networks,” the announcement detailed.
They also practiced various approaches and methods for seizure of crypto assets, blockchain analysis, and darknet searching. The course was based on materials provided by the European Cybercrime Training and Education Group (ECTEG).
A new computer classroom donated by the OSCE to the Prosecutor General’s Academy was inaugurated before the course by Deputy Prosecutor General of Uzbekistan Erkin Yuldashev and Acting OSCE Project Co-ordinator in Uzbekistan Hans-Ulrich Ihm.
Crypto Training in Region to Continue Throughout Next Year
Digital technologies have been transforming the criminal landscape, noted Evgeniy Kolenko who heads the Prosecutor General’s Academy. He insisted that educating law enforcement in this field needs a long-term and systematic approach.
“Cybercrime education requires adequate equipment – both hardware and software,” added Gayrat Musaev, Head of the Academy’s Department for Implementation of Information and Communication Technologies and Information Security. Musaev also praised the new dark web lab.
The OSCE course is the first of this kind in Uzbekistan within the second phase of the “Capacity Building on Combating Cybercrime in Central Asia” project funded by the U.S., Germany, and South Korea. Similar training activities will continue across the region throughout 2022 and 2023.
This year, the government in Tashkent has been taking steps to more comprehensively regulate Uzbekistan’s crypto sector. In the spring, President Shavkat Mirziyoyev issued a decree providing definitions for terms like crypto assets and exchange. New registration rules for crypto miners were presented in June and earlier in October, Uzbekistan introduced monthly fees for crypto companies.
Do you think law enforcement authorities in Central Asia will continue to increase focus on the crypto space? Share your thoughts on the subject in the comments section below.
Login
