Man has $200,000 seized by the government at the airport : CryptoCurrency
The drawback is that they assume it’s illicit, so it’s a must to “prove” to their satisfaction that it’s legit. Which could be very tough since they get to maintain the cash in any other case, so there’s clear battle of curiosity by regulation enforcement. Not to say this immediately contradicts the precept of “innocent until proven guilty” which ought to clearly apply.
A number of years in the past a girl saved up fairly a bit (I believe round 40Okay) to fund a clinic she wished to begin in Africa. And in fact the government seized it. My group carries funds to underground dissidents and oppressed folks in third world nations and at all times has to watch out to separate the funds amidst the workforce to keep away from these confiscations. It’s irritating that US safety is usually as a lot a danger as the goons in the tin-pot dictatorships.