The Russian judiciary has confiscated the cryptocurrency of a father of two who failed to pay well over a million rubles in child support to his former spouse.
News of the case, which is a first of its kind, comes after Russia’s constitutional court reaffirmed the property status of digital assets under current law.
Russian father loses his coins to overdue child support payments
The Bailiff Service in Russia’s Krasnodar Krai has settled a child support dispute by selling the cryptocurrency holdings of the debtor, Russian media revealed.
A resident of the western region’s Belorechensky District owed around 1.7 million rubles (over $22,000) in child support payments for two minor children.
The father had been failing to pay…