US Government Sued Following Seizing $100,000,000 in Cash, Gold and Jewelry From Citizens
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US Government Sued Following Seizing $100,000,000 in Cash, Gold and Jewelry From Citizens

It has been just reported that the US government has been sued. The reason? They allegedly seized $100 million in cash from people without any viable explanation. Check out the latest reports about this below.

US government sued

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A new lawsuit reveals that the US government has seized over $100 million from safety deposit boxes in California, but has not provided any specific reasons for doing so.

The Institute for Justice, a nonprofit organization, is now working to stop the forfeiture proceedings for the affected citizens, who have had their assets taken away by the FBI without proper explanation.

According to the latest reports coming from the online pubcalition the Daily Hodl, the case is centered on a Los Angeles-based couple who says the FBI won’t say why it abruptly seized $40,200 of their life savings from a safety deposit box.

“Linda and Reggie Martin want to know why the FBI took their cash, along with the contents of hundreds of other people’s safety deposit boxes, from a financial storage company in Beverly Hills in March of 2021,” the online pubcalition notes.

The couple says the agency seized their money without providing any evidence of illegal activity.

Attorney Bob Belden stated as per the same online pubcalition the fact that the FBI’s move is plainly immoral and violates the Martins’ rights as American citizens.

“The government shouldn’t get to take your property if it can’t tell you what you did wrong.”

He continued and stated the following:

“Using civil forfeiture, the government decides for itself whether to take and try to keep the property, even when it doesn’t suspect the owners of any crime. Then, the FBI sends copy-and-paste forfeiture notices that fail to tell owners anything about why it is trying to take their property. That’s not only wrong; it’s unconstitutional.”

Check out the original article in order to learn more details about this.

restorecg

restorecg

Crypto Reporter

restorecg covers cryptocurrency markets, blockchain technology, and decentralized finance for CryptoGazette.

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