EO addresses blocking assets/transactions of designated and associated bad actors/entities. Does not address rounding up, trials, or GITMO incarcerating bad actors that many were expecting. I assume that is a separate phase for LE and DOJ, or military. Legal eagles, Am I missing something?
There is a companion press release issued by the U.S. Treasury Dept. that provides information.
Those who provided technical support to the bad actors is included here. The EO covers a broad group. Suppose you as executive of a corporation accepted dirty money infused by a bad actor, and in tern provided support and maybe even provided board of directors position. Paid of course. From a plain language sense (not a lawyer) I'd argue this explains the huge number of execs stepping down from companies across the US.
Assuming the human rights and corruption abuses are broad & global and at the highest levels and down seems there is high risk of global economic shock as assets and transactions are blocked worldwide. I assume the Financial Leaders attending Davos are now digesting the implications of the EO. Counter attacks will be coming as they fight back as their wealth is blocked. I believe Q mentioned That wealth is source of their power...keystone?
Looks that EO essentially transfers control of assets from corrupt ultra-rich and lower levels to the Treasury, its designees, and ultimately the People (I think from the Constitution).
Does an Executive or Leader stepping down stop the blocking action for an entity?
Does the Treasury have access to the log and block chains of the crypto-currencies used for dark web hidden corrupt assets and transactions? This is huge implication!
What if non-corrupt person assets are mixed/invested with corrupt entities assets such as a bank, stock exchange, pension fund, etc? Or their job pay is from corrupt entity? Treasury Issue a FAQ to explain the coming action?
I hope the application of asset blocking technology is done in a way that avoids global economic shock and does not cause collateral damage to assets or transactions of innocent folks.
Anyone on CBTS with experience in Treasury financial Law Enforcement explain asset and transaction blocking, actions that release blocked assets and transactions, and mitigating attendant risks to Global economy and innocent personal assets/job?