Increase in Seizure of Illegal Proceeds by Cyprus Authorities
May 30, 2026
Cyprus authorities have seized assets worth approximately €91 million over the last two years in criminal cases. These assets include money, cryptocurrencies, real estate, luxury cars, and jewelry. The value of the seized assets has increased due to enhanced efforts to recover illegal proceeds, which began in 2023. These actions help prevent the infiltration of illicit money into the economy. The authorities continue their work to combat financial crimes.