this post was submitted on 11 Jul 2023
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It doesn't void the whole process. It may very slightly increase the degree to which it's easier to launder money (I'm not convinced on that aspect since the money already originated from within the banking system).
Rather it prioritizes people's right to their own property.
What you're saying makes sense to me if you're talking about a deposit of cash that was mailed. It doesn't make sense to me for a wire or electronic transfer.