The following excerpt is from USA v. Monaco and Demaio, 194 F.3d 381 (2nd Cir. 1998):
The statute prohibits specified conduct in respect of the certain class of assets described as proceeds of illegal activity, and makes no distinction based on when the illegal activity took place or when the proceeds were received. See United States v. Glick, 142 F.3d 520, 524 (2d Cir. 1998) (courts generally adhere to "plain meaning" of a criminal statute). In that respect the statute is analogous to one that criminalizes certain uses of specified firearms; there is no reason to deduce that such a prohibition extends only to guns manufactured after the effective date. Cf. United States v. Brady, 26 F.3d 282, 290-91 (2d Cir. 1994) (affirming conviction for being a felon in possession of gun, when predicate felony conviction came before enactment of felon-in-possession statute).
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