[303Z55 Frozen crypto wallet: conversion]
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

[303Z55  Frozen crypto wallet: conversion]

[(1)     This section applies while a crypto wallet freezing order under section 303Z37 has effect (including where cryptoassets held in a crypto wallet that is subject to a crypto wallet freezing order are subject to forfeiture proceedings).

(2)     A person within subsection (3) may apply to the relevant court for an order requiring all of the cryptoassets held in the crypto wallet to be converted into money.

(3)     The following persons are within this subsection—

(a)     an enforcement officer;

(b)     a person by or for whom the crypto wallet is administered.

(4)     In deciding whether to make an order under this section, the court must have regard to whether the cryptoassets

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