One day, it would be nice to see a well-capitalized challenge to the Bank Secrecy Act on 4th amendment grounds.
The Founding Fathers would be rolling in their graves if they saw that people need a license to transmit money, or that the government thinks it has the right to surveil and censor everyone’s money and transactions.
The default is privacy. To infringe on someone’s privacy should require probable cause and come with checks and balances. Ubiquitous surveillance shouldn’t be the default, since it enables tyranny.
Has there never been a well funded legal challenge to the Bank Secrecy Act??
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No
I stand corrected. I based my assertion on the opinion of someone who mentioned those cases but blew them off. I need to do more "don't trust, verify".
