Quote:
Originally Posted by NewOldGuy
Where did this bankruptcy talk even come from, just out of thin air? That isn't what is going on, there is no such filing, there are no trustees. An ounce of research should be required before posting.
The ONLY way US players get anything...
Is from the DOJ via a process called "remission"....
A distribution of seized assets to people making claims...
Or possibly, by default, to account holders.
"(b) Authority to grant remission and mitigation. (1) Remission and mitigation functions in administrative forfeitures are performed by the agency seizing the property. Within the Federal Bureau of Investigation, authority to grant remission and mitigation is delegated to the Forfeiture Counsel, who is the Unit Chief, Legal Forfeiture Unit, Office of the General Counsel; within the Drug Enforcement Administration, authority to grant remission and mitigation is delegated to the Forfeiture Counsel, Office of Chief Counsel; within the Bureau of Alcohol, Tobacco, Firearms, and Explosives, authority to grant remission and mitigation is delegated to the Director of the Bureau of Alcohol, Tobacco, Firearms, and Explosives; and within the Immigration and Naturalization Service, authority to grant remission and mitigation is delegated to the INS Regional Directors.
(2) Remission and mitigation functions in judicial cases are performed by the Criminal Division of the Department of Justice. Within the Criminal Division, authority to grant remission and mitigation is delegated to the Chief, Asset Forfeiture and Money Laundering Section, Criminal Division."
It appears to me that last line applies here = Chief.
http://law.justia.com/cfr/title28/28-1.0.1.1.10.html