Market
Outcome of first major lawsuit against FBI over SAR by end of 2025?
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Court verdicts or settlements reported in the news
Story
FBI Accused of Warrantless Surveillance of Americans' Financial Data, Including Political Contributions
Dec 6, 2024, 08:10 PM
The House Judiciary Committee has revealed that federal law enforcement, including the FBI, has been accessing Americans' financial data without warrants by exploiting the Suspicious Activity Report (SAR) system. This system, which requires banks to report suspicious transactions, has allegedly been used to circumvent legal limits and conduct warrantless surveillance. The report highlights concerns over the misuse of the Bank Secrecy Act, turning financial institutions into tools for unchecked government surveillance. Additionally, the surveillance allegedly targeted political contributions, raising further concerns. Critics argue that such practices infringe on Americans' privacy and violate constitutional protections against warrantless searches.
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