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Asking me something about a different company is unlikely to result in any answer considering you have to assume that most likely I have an NDA and can not talk about it.
What I can tell you is seizures by the us happen more often than you think and more often than not are unfounded. Also, the law used to seize the funds should give you a hint towards what happened. It was regarding a license for a money-transmitting business because they setup a company in the US to cut checks from to affiliates. There is no major conspiracy, no money laundering that happened, nothing else.
In a situation like this, companies often settle with the us government regardless of if their claims are true or not, because sitting around in court for 4 years to get the money back vs. settling for a percentage of the money is usually better business sense. Capital is expensive, law suits are too, so likely their costs to fight and win would have been higher than just settling. The US knows this very well and uses it to their advantage. And I guess nobody can blame them. It is simply business.
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"Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie Munger
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