tmsr - Search: forfeiture

BingoBoingo: alprazolam that were sold on Dark Web marketplaces. Shamo was arrested over a year ago -- his trial has not yet been scheduled. On Tuesday, US District Judge Dale Kimball allowed the sale to proceed. Once sold, the money would go to an account held at the Treasury Executive Office for Asset Forfeiture."

mircea_popescu: asciilifeform by now ~90% or so of us "law enforcement" consists of "asset forfeiture". totally not bankrupt empire.

ben_vulpes: "Thereâ€™s no real thought about: what is the purpose of asset forfeiture? What is it designed to achieve?â€ said Kristian Lasslett, director of the Institute for Research in Social Sciences at Ulster University, who has been working to develop the emerging academic field of 'state crime'."

asciilifeform: in other lulz, http://archive.is/fsVJ0 >> 'Nearly $1 billion is now frozen in European banks, awaiting a decision by a U.S. district court on the U.S. Justice Department’s forfeiture claim. The assets are subject to U.S. jurisdiction because they were transmitted through U.S. financial institutions on their way to accounts held in Latvia, the United Kingdom, Hong Kong, Ireland, Belgium,

asciilifeform: 'The claimants in this case appeal from the district court’s entry of default judgment for the government in a civil forfeiture action against funds deposited in the claimants’ names in banks in New Zealand and Hong Kong. Default judgment was entered after the government successfully moved to disentitle the claimants from defending their claims to the defendant property under the federal fugitive disentitlement statute, 28 U.S.C.

ben_vulpes: (also did anyone notice that the malaysian project is being performed under the civil forfeiture statutes?!)

a111: Logged on 2016-07-31 21:32 asciilifeform: 'Attorney General Loretta E. Lynch announced today the filing of civil forfeiture complaints seeking the forfeiture and recovery of more than $1 billion in assets associated with an international conspiracy to launder funds misappropriated from a Malaysian sovereign wealth fund. Today’s complaints represent the largest single action ever brought under the Kleptocracy Asset Recovery Initiative.'

asciilifeform: 'Attorney General Loretta E. Lynch announced today the filing of civil forfeiture complaints seeking the forfeiture and recovery of more than $1 billion in assets associated with an international conspiracy to launder funds misappropriated from a Malaysian sovereign wealth fund. Today’s complaints represent the largest single action ever brought under the Kleptocracy Asset Recovery Initiative.' ☟︎

assbot: The Justice Department just shut down a huge asset forfeiture program - The Washington Post ... ( http://bit.ly/1Jb3ERn )

asciilifeform: note the attached 'civil forfeiture' action on last page.

assbot: Logged on 02-07-2015 16:38:17; thestringpuller: ben_vulpes: this is what makes civil forfeiture of bitcoin terrifying, because instead of just pressing a button on a computer, they'll torture you until you give up your keys.

thestringpuller: ben_vulpes: this is what makes civil forfeiture of bitcoin terrifying, because instead of just pressing a button on a computer, they'll torture you until you give up your keys. ☟︎

ascii_field: http://cryptome.org/2015/06/tsarnaev-1481.pdf << lulzy. ianal, but still had no idea that usa officially had 'total' forfeiture in penal code (i.e., not simply 'items used in connection with the crimes,' but ~everything the schmuck ever touched~)

mircea_popescu: Because I had to hire TWO law firms, one for the criminal case and another one for the civil forfeiture case, so far, defending myself against the charge of not having a license in order to trade on localbitcoins has cost me almost $200,000. This is a large chunk of our retirement fund and our daughters college fund. This does not count the property (Bitcoins, cash, etc.) I may have to forfeit in civil forfeiture."

decimation: well, it certainly curtails one form of civil forfeiture at the federal level, leaving a vacuum that can be filled at the state level, if the states so desire

decimation: apparently usg has decided to greatly limit (not completely stop) civil forfeiture at the federal level

asciilifeform: 'Deliberately keeping deposits below that threshold to avoid the reporting requirement is a crime (known as "structuring"), but Hinders was never charged with it. Instead federal prosecutors argued that her bank account had facilitated the crime of structuring, making it subject to civil forfeiture.' << lol!

assbot: Highway seizure in Iowa fuels debate about asset-forfeiture laws - The Washington Post

asciilifeform: do 'civil forfeiture' actions ever succeed against them? or magicked away ?

mircea_popescu: "As a result, the entire family was thrown out of the house for one week, even though Chris and his wife were never charged with or convicted of any wrongdoing. The family was allowed back in pending the outcome of their forfeiture proceeding, but only under the condition that they kick out their son and agree to waive their rights in any civil-forfeiture proceedings in the future. "

mircea_popescu: luding the salaries of the very prosecutors who brought the forfeiture actions. This is almost twice as much as what all other Pennsylvania counties spent on salaries combined.

mircea_popescu: Philadelphia’s automated, machine-like forfeiture scheme is unprecedented in size. From 2002 to 2012, Philadelphia took in over $64 million in forfeiture funds—or almost $6 million per year. In 2011 alone, the city’s prosecutors filed 6,560 forfeiture petitions to take cash, cars, homes and other property. The Philadelphia District Attorney’s office used over $25 million of that $64 million to pay salaries, inc

mircea_popescu: The most terrifying place in Philadelphia is Courtroom 478 in City Hall. This is where property owners enter Philadelphia’s Civil Forfeiture Machine. Civil forfeiture is a little-known legal device that allows law enforcement officials to take your property, sell it and pocket the proceeds—even if you have done nothing wrong.

asciilifeform: 'Prosecutors routinely continue and relist civil-forfeiture cases and they unilaterally determine whether any documentation provided by the property owner is sufficient.'

asciilifeform: (loltron, http://cryptome.org/2014/08/phila-da-forfeiture-lawsuit-axisphilly.pdf)

asciilifeform: '...officers scoring personal bonuses of up to twenty-six thousand dollars a year, straight from the forfeiture fund. In Titus County, forfeiture pays the assistant district attorney’s entire salary. Farther south, in Johnson County, I came upon a sheriff’s office that had confiscated an out-of-state driver’s cash, in the absence of contraband...'

pankkake: http://www.coindesk.com/government-sale-bitcoin-establishes-fungibility-precedent/ Regardless of the morality of pre-trial asset forfeiture, the sale via auction of approximately $17 million worth of bitcoin by the USMS will establish the first governmental precedent for bitcoin fungibility, which could become significant for future bitcoin-related cases involving ‘blacklisting’, or ‘tainted bitcoin’.

nubbins`: ** ATTENTION ** As per our terms of service, we only service Canadian Citizens. If you deposit BTC, you will **NOT** be able to withdraw them until you are level 1 Verified or higher. Failure to get level 1 verified or higher will result in the **FORFEITURE OF YOUR COINS**!!!

mircea_popescu: generally speaking no forfeiture + pleading not guilty = worst possible scenario for the da.

ThickAsThieves: “We have seized everything we were entitled to seize under the civil forfeiture action,” said the spokesman, Peter Donald.

asciilifeform: actually the current US policy re: forfeiture is very exactly Soviet.

mircea_popescu: In the 80's, with the crack outbreak, the feds began aggressively seeking forfeiture of proceeds, substitute proceeds and instrumentalities of crime. At the time, no one (except those of us actively engaged in the drug and forfeiture defense ) gave a damn, and the law that developed was quite harsh.

mircea_popescu: This seems an opportune time to add, for the benefit of readers who weren't around in the 1980's, that the law pertaining to in rem forfeitures developed in the context of narcotics seizures. Prior to that, the legal maxim, the law abhors a forfeiture, was the rule, and judges were generally antagonistic to forfeiture proceedings.

mircea_popescu: "Can the government use civil forfeiture to take your money when you have done nothing wrong—and then pocket the proceeds? The IRS thinks so."