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Comment on Crypto Assets left unclaimed in California could soon be seized by the CA state

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The tweet claims that "Assets left on an exchange for 3 years will transferred to the state, and can then be claimed by the owner." That sounds rather crazy to me.

People leave assets, be they stocks or crypto-currency, on broker accounts for many years all the time. Is there an equivalent law for stocks as well? And how can a customer reset the clock? Just by logging in?

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