A petition has been sent to the European Parliament to persuade the bloc to provide financial support to victims of cryptocurrency crime.
The petition, filed Wednesday by lawyer Jonathan Levy, seeks the implementation of a âregulatory scheme to compensate victimsâ who were fleeced of digital assets by fraud, hacks and extortion. To date, 44 supporters have signed the petition.
Levy wants the European Union to implement a .0001 cent per euro fee on cryptocurrency transactions that would be pooled into a âvictim superfund,â according to a press release sent to CoinDesk.
The lawyer represents clients who have suffered losses exceeding â¬50 million (US$60.7 million) and is joined by class representatives for the 240,000 account holders caught up in the alleged exit scam by Irish cryptocurrency exchange Bitsane.
See also: Leaked EU Draft Proposes All-Encompassing Laws for Crypto Assets
At todayâs prices, the victimâs funds lost to the Irish exchange would be worth as much as â¬1 billion (US$1.2 billion), according to Levy.
âVictims of the collapsed Irish cryptocurrency exchange Bitsane are still awaiting justice,â he said, claiming that Irish authorities had âaccomplished little or nothingâ in tracking down Bitsane usersâ stolen funds.