As of April 2024, the UK police and National Crime Agency were granted new powers to confiscate and destroy cryptocurrency assets, passwords, or hardware wallets without making an arrest:

Police will no longer be required to make an arrest before seizing crypto from a suspect … items that could be used to give information to help an investigation, such as written passwords or memory sticks, can be seized

Whether this will be used to tackle legitimate crime or as an arbitrary blanket procedure to prosecute law-abiding individuals who are concerned about financial privacy is yet to be seen.

What remains is a need for extra precautions to safeguard your Monero.

This is one system that I’ve used and that I want to share with the community.

Thanks

🔗 https://moneromaster.substack.com/p/monero-guide-encrypt-seed

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[–] nihilist@monero.town 3 points 5 months ago

yea thats the point of having a decoy volume, you claim that the hidden one doesnt exist and that you gave the password. it remains possible until the adversary is able to prove that the hidden volume exists.