Submission + - FBI violated hundreds of Americans' constitutional rights in Beverly Hills raid (foxnews.com)
Agents took about $86 million in cash from the boxes in the March 2021 raid, as well as a trove of jewelry, gold bars and coins, silver and other valuables. In May of that year, the FBI "commenced administrative forfeiture proceedings" against an unspecified number of the boxes, according to court documents filed by the government.
Civil asset forfeiture is the process through which the government seizes money or other property believed to be linked to a crime, even if the owner isn't charged with a crime.
The FBI's raid on U.S. Private Vaults was part of its investigation on the company, which ultimately shut down and pleaded guilty to conspiracy to launder drug money. The government argued before the 9th Circuit that its warrant authorized the FBI to seize the deposit boxes and inventory their contents in accordance with standardized policy.