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Arkham· 2025-07-23 15:31
The US Government has also seized and since sold:Jun 2014: 29,657 BTC for $18,740,000 (avg price: $632) - seized from Silk RoadDec 2014: 50,000 BTC for $19,000,000 (avg price: $380) - seized from Silk RoadMar 2015: 50,000 BTC for $13,500,000 (avg price: $270) - seized from Silk RoadNov 2015: 44,341 BTC for $14,600,000 (avg price: $329) - seized from Silk RoadAug 2016: 2,719 BTC for $1,600,000 (avg price: $588) - seized from “various federal criminal, civil and administrative cases” - USMS. The majority of t ...
X @Arkham
Arkham· 2025-07-23 15:30
DID THE US GOVERNMENT JUST SELL 170,000 BTC ($20 BILLION)?No. This Freedom of Information Request response from the US Marshals Service (USMS) cites them as holding 28,988 BTC ($3.4B), but other departments of the US Government also seize and hold Bitcoin, including the FBI, DOJ, DEA, and US Attorney’s Offices.The US Government currently holds at least 198,000 BTC ($23.5B) across multiple addresses held by different government arms - none of this has moved for 4 months.Senator Cynthia Lummis (@SenLummis):I’ ...