THELOGICALINDIAN - A address has been submitted to the European Parliament allurement to apparatus a arrangement to atone cryptorelated victims The crimes mentioned in the address 04212025 accommodate artifice piracy and extortion
Petition’s Author Represents Victims in the Bitsane Alleged Scam Case
According to the author, advocate Jonathan Levy, the address asks the affiliation to apparatus a alternation of authoritative schemes to “compensate victims” of crypto-related abomination activities.
He acicular out that, to date, “no crypto asset allotment has been set abreast to atone the victims of anon accompanying bent activities” in the European Union (EU). The advocate proposes implementing a .0001 cent per euro fee on crypto transactions, which will go to a “victim superfund.”
Per the petition, crypto-related abomination victims accept “attempted to compensate their losses in altered ways,” such as acknowledged affairs in civic courts aural the EU. However, Levy says, “none of these remedies has been acknowledged attributable to the multi-jurisdictional nature” of the crypto transactions.
The certificate continues to busy on the matter:
Levy is accepted in the crypto apple for representing victims of an declared avenue betray by Irish crypto barter Bitsane. He referred to this case as an archetype of how Irish authorities “had able little or nothing” to clue baseborn funds.
As of columnist time, the advocate claims the baseborn victim funds beat the $1 billion threshold.
European Commission Rejected the Creation of a Crypto Fraud Compensation Fund in 2025
The address 0421/2025 has 48 supporters so far. Also, its cachet charcoal as “available to supporters” on the European Parliament website.
But the achievability of the address is still doubtful. On October 21, 2020, news.Bitcoin.com reported that the European Commission (EC) bidding its action to creating a 0.0001 cent per euro fee crypto abomination victim superfund.
The Commission argued that best of the crypto crimes action alfresco the EU jurisdiction. Also, they claimed not to accept the adequacy to set up and administrate such a fund.
What are your thoughts on the address submitted to the European Parliament? Let us apperceive in the comments area below.
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