FBI's $86 Million Seizure: Constitutional or Legal? Appeals Court to Decide.

The 9th Circuit Court of Appeals is set to decide whether the FBI's seizure of safe deposit boxes, containing $86 million in cash and valuable items, violated customers' Fourth Amendment rights. The FBI raided U.S. Private Vaults, a Beverly Hills business accused of money laundering, and initiated civil asset forfeiture proceedings against the boxes without charging the owners with any crimes. The Institute for Justice argued that the FBI exceeded the bounds of the warrant and violated individuals' rights. The appeal comes after a lower court ruled in favor of the FBI. The panel is expected to issue a decision in a few months.