A petition has been despatched to the European Parliament to steer the bloc to supply monetary help to victims of cryptocurrency crime.
The petition, filed Wednesday by lawyer Jonathan Levy, seeks the implementation of a “regulatory scheme to compensate victims” who have been fleeced of digital belongings by fraud, hacks and extortion. Up to now, 44 supporters have signed the petition.
Levy needs the European Union to implement a .0001 cent per euro payment on cryptocurrency transactions that may be pooled right into a “sufferer superfund,” in line with a press launch despatched to CoinDesk.
The lawyer represents purchasers who’ve suffered losses exceeding €50 million (US$60.7 million) and is joined by class representatives for the 240,000 account holders caught up within the alleged exit scam by Irish cryptocurrency trade Bitsane.
At as we speak’s costs, the sufferer’s funds misplaced to the Irish trade could be value as a lot as €1 billion (US$1.2 billion), in line with Levy.
“Victims of the collapsed Irish cryptocurrency trade Bitsane are nonetheless awaiting justice,” he stated, claiming that Irish authorities had “achieved little or nothing” in monitoring down Bitsane customers’ stolen funds.