[They] absolutely gave themselves the legal authority to seize stocks and bank accounts.
Will they be allowed to?
They’ll likely try. How could that play out? Obviously, “and succeed” is an option, the aftermath of which would not be pretty.
What would “and fail” look like? The stocks go into holding, the accounts are known, and upon demand for correction due to obvious fraud they’re restored in part or full somehow via class action settlement?
This would be the class action lawsuit to end all class action lawsuits. Wouldn’t it be grand to take it all back, with damages, and overturn their “laws” at the same time?
By the same note, if it’s possible to find a way to not get your stuff stolen, that’s be better, and those of us who manage to do that may end up being the foundation of the response.
[They] absolutely gave themselves the legal authority to seize stocks and bank accounts.
Will they be allowed to?
They’ll likely try. How could that play out? Obviously, “and succeed” is an option, the aftermath of which would not be pretty.
What would “and fail” look like? The stocks go into holding, the accounts are known, and upon demand for correction due to obvious fraud they’re restored in part or full somehow via class action settlement?
This would be the class action lawsuit to end all class action lawsuits.