From: Duncan Frissell <frissell@panix.com>
Date: Sun, 20 Sep 1998 09:18:22 +0800
To: Robert Hettinga <cypherpunks@cyberpass.net
Subject: Re: IP: Tougher laws are sought to seize cash
In-Reply-To: <v0401172fb22954e840e2@[139.167.130.247]>
Message-ID: <199809201420.KAA06590@mail1.panix.com>
MIME-Version: 1.0
Content-Type: text/plain



>It now is illegal to try to leave the country with more
>than $10,000 in currency without reporting it to U.S.
>Customs officials. Violations are punishable by up to
>five years in prison and seizure of the money. But in
>June, the U.S. Supreme Court dealt a serious blow
>to efforts to seize the unreported cash, ruling in a
>precedent-setting case that such seizures often
>violate constitutional protections against "excessive
>fines."

Here's the case:

http://laws.findlaw.com/US/000/96-1487.html

DCF