A petition has been submitted to the European Parliament, asking to implement a scheme to compensate crypto-related victims. The crimes mentioned in the petition 0421/2020 include fraud, piracy, and extortion.

Petition’s Author Represents Victims in the Bitsane Alleged Scam Case

According to the author, lawyer Jonathan Levy, the petition asks the bloc to implement a series of regulatory schemes to “compensate victims” of crypto-related crime activities.

He pointed out that, to date, “no crypto asset funding has been set aside to compensate the victims of directly related criminal activities” in the European Union (EU). The lawyer proposes implementing a .0001 cent per euro fee on crypto transactions, which will go to a “victim superfund.”

Per the petition, crypto-related crime victims have “attempted to recoup their losses in different ways,” such as legal proceedings in national courts within the EU. However, Levy says, “none of these remedies has been successful owing to the…

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Source: https://news.bitcoin.com/european-parliament-petitioned-to-create-crypto-crime-compensation-fund/