# Official Seizure

This may seem like a far-off possibility. But there are precedents in the legacy financial system. In 2010, [Cyprus seized bank deposits](https://www.theguardian.com/world/2013/mar/25/cyprus-bailout-deal-eu-closes-bank) to deal with a budget crisis. In 1933, the United States government [confiscated all monetary gold](https://en.wikipedia.org/wiki/Executive_Order_6102) from its citizens. 

**Mitigation:**

* If you hold your keys in sovereign storage, you will at least be able to decide how you respond to an order, rather than having keys and wealth automatically confiscated.