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In a case that's already sparked one lawsuit, a Beverly Hills strip mall business which rents private, anonymous safe deposit boxes was raided by the FBI last month - at which time the agency conducted a blanket seizure of hundreds of customers' belongings.

In a case that's already sparked one lawsuit, a Beverly Hills strip mall business which rents private, anonymous safe deposit boxes was raided by the FBI last month - at which time the agency conducted a blanket seizure of hundreds of customers' belongings.

(post is archived)

[–] 1 pt

I've always thought of safety deposit boxes just like the cloud: convenient and risky. You're essentially giving your valuables to a third party you can't trust.

[–] 1 pt

They still have their uses, but that use isn't valuables.

[–] 1 pt

My gold coin dealer has been warning of the same thing ever since we first started doing business.

Physical possession and the means to protect it has always been his advice.

[–] 2 pts

Police and FBI love, love, love asset forfeiture!