I sent a cashier's check to ASD. It was taken over by the federal government before it was cashed. The bank had a stop on it. It has been six months and the bank is still holding the money, why?
As you know, ASD was shut down as an alleged Ponzi scam. It's possible that the check is being held by federal authorities as evidence. It's also possible that the government will ultimately attempt to return any checks or funds it seized once its prosecution efforts are over.
Contact the issuing bank, where you may be able to enter a claim that the check was lost, stolen or destroyed, if it never reached its intended payee. Since more than 90 days have already elapsed since the issue date of the check, the bank would be able to refund your money. Be aware, however, that if the government also refunds your money and later figures out that you got a refund from the bank, it will have a valid legal claim to recover the extra payment from you.
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As you know, ASD was shut down as an alleged Ponzi scam. It's possible that the check is being held by federal authorities as evidence. It's also possible that the government will ultimately attempt to return any checks or funds it seized once its prosecution efforts are over.