California recently enacted a new law, which is not a small matter for exchanges. If you leave assets on an exchange unused for more than three years, the government can seize them under the "Unclaimed Property Law." It sounds like confiscation, but it's not entirely — you can theoretically claim them back, but the process is extremely complicated. You need to fill out a bunch of forms, provide proof documents, go through various administrative approvals, which is time-consuming and labor-intensive. In other words, this law traps the owners of idle assets in a troublesome deadlock. For exchange users, this means they need to manage their accounts more proactively and not let their assets sit unused for three years.

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