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TITANIC SUB SEARCH | USCG concludes missing Titan sub met 'catastrophic implosion'
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The company is registered in the US. US law can therefore apply. In fact USA claims jurisdiction where it's very shady to do so (for example just for payments made in USD)
Wait what? So a guy in Zimbabwe trades a broom for some USD and the US government feels they have jurisdiction?
No, it has to be on a banking system. However even if the banks are not based on the US, if the transfer is denominated in $USD the US claims jurisdiction.