An Illinois Senator has introduced an 'unworkable' bill seeking to force crypto miners and validators to reverse transactions upon court orders.
The bill titled the “Digital Property Protection and Law Enforcement Act,” would authorize the courts — upon a valid request from the Attorney General or a State's Attorney that is made pursuant to
The act would apply to any"blockchain network that processes a blockchain transaction originating in the State."Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen. The bill states that any blockchain miners and validators may be fined between $5,000-10,000 for each day that they fail to comply with court orders.
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