There’s a huge rise in digital scams and fraud including cryptocurrency-related schemes.

If victims have reported the matter to the police, the police may investigate and seize assets relating to the crime. Such assets would include virtual assets such as digital tokens, non-fungible tokens (NFTs) and cryptocurrency. 

Cryptocurrencies, digital payment tokens, security tokens, Non-Fungible Tokens (“NFTs”), blockchain technology, virtual land, metaverse – these “buzz words” have become commonplace in our world today – whether in the news or in our social circles.

With such vast amounts of money being pumped into the digital asset landscape, it is no wonder why more people are considering investments in digital assets. This however makes the question of the legal implications and intricacies regarding digital asset ownership all the more important to examine.