CT HB06990

Authorizes state seizure and forfeiture of virtual currency and virtual currency wallets used to commit or derived from larceny offenses (sections 53a-122 through 53a-125b), effective July 1, 2026

Requires forfeiture petitions to be filed within 90 days of seizure, with the state bearing the burden of proof by clear and convincing evidence in civil equity proceedings

Forfeited virtual currency must be used to compensate victims who suffered pecuniary losses from the underlying larceny crimes

Expands existing forfeiture statutes for controlled substance, gambling, identity theft, and sexual exploitation offenses to explicitly include virtual currency and virtual currency wallets as seizable property

Protects innocent owners and lienholders from forfeiture, exempts property used for legitimate attorney's fees, and prohibits seizure of virtual currency kiosks