politics

California just passed a bill to seize #Bitcoin left idle on exchanges.

After 3 years of inactivity, assets can be taken by the state under 'Unclaimed Property' laws.

Bill now heads to the Senate. https://t.co/nl1pQPWkvW

TFTC

More theft by government

https://x.com/TFTC21/status/1930318424468795427

Writer / Crypto Idealist / Privacy Ninja /
I like hard money and I dislike the state. 
Blog: paragraph.xyz/@thoughtcrimetraphouse

Every California bill has a number that starts with AB if it originates in the assembly and SB if it originates in the senate.    If this is a real story then what is the bill’s number so that we can read the text?

Here it is

https://legiscan.com/CA/bill/AB1052/2025

https://decrypt.co/323787/unclaimed-bitcoin-california-seized-theres-catch?amp=1