De-banking is different than freezing funds. If you're de-banked, your existing accounts are closed and you can't open new ones.
While this makes life difficult to navigate, and almost impossible to navigate for businesses (which is why it's used against marijuana and gun dealers), nobody is actually seizing your funds. There are laws that govern how long a bank can hold on to your money if it closes your account, so you're getting your money back on that timeline at the latest.
In this case, it's a court order freezing his assets. There is a significantly higher bar to do that in the US, and as I said, only in exigent circumstances can they do it without having an actual court hearing where you're allowed to plead your side to the judge.
Its a pain in the ass but you can just buy debit gift cards to do any online bill pay. Every job is required to offer you a check if you want and places like walmart will cash them for 3 dollars. You absolutely do not need a bank to have a job.
Unless you can't find a bank willing to open an account. I knew someone that got debunked that told the bank "that's great, give me my money in cash," and the bank said no.
Hate to tell you, but the US has been debanking people for over 15 years with no recourse available for the debanked.
https://www.youtube.com/watch?v=pRj9pIITwEU
De-banking is different than freezing funds. If you're de-banked, your existing accounts are closed and you can't open new ones.
While this makes life difficult to navigate, and almost impossible to navigate for businesses (which is why it's used against marijuana and gun dealers), nobody is actually seizing your funds. There are laws that govern how long a bank can hold on to your money if it closes your account, so you're getting your money back on that timeline at the latest.
In this case, it's a court order freezing his assets. There is a significantly higher bar to do that in the US, and as I said, only in exigent circumstances can they do it without having an actual court hearing where you're allowed to plead your side to the judge.
That may be true in England but not America.
Its a pain in the ass but you can just buy debit gift cards to do any online bill pay. Every job is required to offer you a check if you want and places like walmart will cash them for 3 dollars. You absolutely do not need a bank to have a job.
Unless you can't find a bank willing to open an account. I knew someone that got debunked that told the bank "that's great, give me my money in cash," and the bank said no.
Bro try civil asset forfeiture which is legal in 49 states minus Nebraska IIRC