[e-gold-list] What a Shame

[Patrick J. Kobly]

Quoting Craig Haynie <public at craighaynie.com>:

> It looks like they are tearing DGCs apart, and the prophecies made ten
> years ago, are now coming to pass. If e-gold is currency, on which other
> digital forms of money can be built, then it cannot function if it can
> be taken without a trial and without merit.

This statement would only be truthful if there existed other forms of  
currency which cannot "be taken without a trial and without merit."   
This has always been the way money laundering investigations have been  
carried out.  This has always been justified within North America as  
helping to keep drugs off the street or catch terrorists.  Control  
over the flow of money has always been critical to public policy of  
the United States, and that control has never been truly expressed  
through the courts.

> Are there going to even be
> any charges filed against anyone for which this money was seized? Or is
> this just civil asset forfeiture; money seized without an associated
> crime?

The assets haven't been forfeited.  It's my understanding that  
ownership of the assets has not shifted, merely custody.  Shifting  
ownership will require the involvement of a court.

PK

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