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Austria has introduced comprehensive reforms to its Criminal Code of Procedure to address the challenges of securing crypto assets in criminal investigations. The new provisions establish a legal framework for transferring digital currencies to government-controlled wallets and enable premature realization of volatile crypto holdings.

The Court of Justice of the European Union has issued landmark rulings clarifying that EU asset-freeze sanctions apply to trust structures based on substantive control rather than formal legal title. When a listed person retains practical influence, economic enjoyment, or realistic pathways to benefit from trust assets...

The Austrian Supreme Court has delivered an extraordinary rebuke to the first AI-generated appeal to reach its chambers, finding it so corrupted by hallucinations and fabricated citations that it failed to meet basic standards of legal argumentation. The court's response signals a clear warning about uncritical reliance on artificial intelligence in legal practice and hints at potential disciplinary consequences for attorneys who submit such flawed work.