ISRAEL Law and Practice Contributed by: Yitzhak Yaari, Chen, Yaari, Vaki & Co.
7.3 Crypto-Assets Crypto-assets, such as wallets and digital currencies, are assets like any other and can be seized, attached and used to recover by a judicial order. The police and prosecuting authorities routinely seize wallets con - taining digital currencies as part of investigations and criminal proceedings, and there is also no impediment to doing this by means of temporary orders in civil proceedings, and naturally to realising these assets in enforcement proceedings.
ing, a disclosure order will only be made in rare and exceptional circumstances. Usually, there is no reason to order the disclosure of bank accounts of some - one who is not a party to the proceeding, except in the case of a concern of collusion between the party and the account holder, such as a concern that the account is in the name of a straw man but actually belongs to the party, or that the party is the person depositing the money into the account. Where the party acts in the account of a third party as if it were their own by means of a power of attorney, or in a case where the third party is a company owned or controlled by the party to the proceeding, the court will also tend to order the disclosure of the account. As a rule, a third party who is likely to be harmed by the disclosure order should be allowed to present their case regarding the disclosure.
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