The FAIR Act Would Protect Bitcoin Holders

The FAIR Act Would Protect Bitcoin Holders

The FAIR Act, legislation designed to protect people from civil asset forfeiture, would be a safeguard for Bitcoiners’ coins. A few weeks ago, we briefly touched on how civil asset forfeiture may apply to Bitcoin, a process in which the Government may seize citizen’s assets without accusing a person of a crime. With the US Government stating that civil asset forfeiture will form a key pillar in building its Strategic Bitcoin Reserve, the Fifth A…

The FAIR Act could Protect Bitcoin Holders

Let’s be clear: civil asset forfeiture is legalized theft. It gives the government the power to seize your property without charging you with a crime. No trial, no due process—just suspicion. And now, they're setting their sights on Bitcoin.Why? Because Bitcoin has value the government wants. And they’ve already signaled they’re building a “Strategic Bitcoin Reserve.” The problem is, they’re not just buying BTC—they’re also taking it. Through se…

The FAIR Act Would Protect Bitcoin Holders - TECHTELEGRAPH

A few weeks ago, we briefly touched on how civil asset forfeiture may apply to Bitcoin, a process in which the Government may seize citizen’s assets without accusing a person of a crime. With the US Government stating that civil asset forfeiture will form a key pillar in building its Strategic Bitcoin Reserve, the Fifth Amendment Integrity Restoration Act of 2023, also known as the FAIR Act, is arguably the most important Bill introduced in Cong…

How the FAIR Act Could Safeguard Bitcoin Holders' Rights

Bitcoin Magazine The FAIR Act Would Protect Bitcoin Holders Recently, we discussed the implications of civil asset forfeiture on Bitcoin, a contentious practice that allows the government to confiscate individual assets without filing criminal charges. With the U.S. government indicating that civil asset forfeiture will play a vital role in constructing its Strategic Bitcoin Reserve, the Fifth Amendment Integrity Restoration Act of 2023—commonly…