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CT HB05237

Bill

Official Source

Status

Introduced

1/14/2025

Primary Sponsor

Jaime Foster

Click for details

Origin

House of Representatives

2025 General Assembly

AI Summary

  • Defines digital currency as a monetary instrument in the penal code, aligning criminal law definitions with existing banking definitions

  • Authorizes preconviction confiscation of digital wallets associated with theft offenses

  • Establishes a victims compensation fund using seized digital assets from cryptocurrency-related crimes

  • Creates a due process hearing procedure to notify alleged offenders who hold digital wallets subject to confiscation

  • Amends titles 53a (penal code) and 54 (criminal procedure) of Connecticut general statutes to address "pig butchering" scams

Legislative Description

An Act Concerning Cryptocurrency, Pig Butchering Scams And Asset Forfeiture.

Last Action

Referred to Joint Committee on Judiciary

1/14/2025

Committee Referrals

Judiciary1/14/2025

Full Bill Text

No bill text available