After oral argument and careful consideration, we conclude that the judgment of the district court is due to be affirmed. The statute is clear that the trustee has the burden of proving by a preponderance of the evidence that the funds in the Union Bank account as of the time of its seizure by the FBI were funds of Global — i.e., that Global’s legal interest in the funds was superior to the legal interest of the government. 21 U.S.C. § 853(n)(6)(A). Notwithstanding the trustee’s burden of proof, its argument in its brief on appeal relies entirely upon the assertion that the government has failed to trace the funds in the account as of that time to defendant Foley’s criminal fraud. In other words, the trustee’s argument is that the government has failed to prove that the funds were proceeds of the crime. Of course, if the funds in the account were proceeds of the crime, the Government’s interest would prevail. Thus, the flaw in the trustee’s argument on appeal is its failure to recognize that it, and not the government, bears the burden of proof. 1

We have carefully examined the record on appeal. We readily conclude that the trustee has failed to carry its burden of proof. The only way the trustee could satisfy its burden of proof is by proving that the funds in the account as of the time of the FBI seizure were derived from legitimate business operations, as opposed to having been derived from Foley’s criminal activity. Although the trustee makes the eonclusory assertion that $80-$90,000 per month of legitimate income was generated from the ATM machines and that this income was “legitimate,” the trustee wholly failed to prove that such funds were in fact legitimate. Indeed, the record suggests that such “earnings” were part of the criminal scheme in which Foley fraudulently assigned multiple investors to a single machine. The record contains no evidence of any persuasive attempt by the trustee to prove that the monthly earnings from the machines were in fact legitimate, or otherwise prove that the funds in the account as of the time of the FBI seizure were legitimate. 2

Accordingly, the judgment of the district court is

AFFIRMED.