TheCryptoNews.eu
News

US executive holds $36 billion in Bitcoin after ideal-ever forfeiture action

US executive holds $36 billion in Bitcoin after ideal-ever forfeiture action

Home » Bitcoin » US executive holds $36 billion in Bitcoin after ideal-ever forfeiture action

Powered by Gloria | Edited by

Oct. 14, 2025

Authorities now treat Bitcoin as a strategic asset, interesting to long-timeframe preserving in desire to on the spot liquidation for elevated nationwide reserves.

US executive holds $36 billion in Bitcoin after ideal-ever forfeiture action

Key Takeaways

  • The US executive now holds bigger than $36 billion in Bitcoin, noteworthy of it seized from prison activities.
  • Federal authorities, below Trump, enjoy taken a strategic manner to managing seized Bitcoin, treating it as a digital reserve in desire to liquidating it.

Share this article

The US executive’s Bitcoin holdings enjoy climb to roughly $36 billion following the seizure of 127,271 BTC price bigger than $14 billion at most in model costs.

The sources had been confiscated as half of a Division of Justice forfeiture action linked to an indictment against Chen Zhi, chairman of Cambodia’s Prince Neighborhood. Prosecutors say the conglomerate operated forced-labor rip-off compounds tied to worldwide crypto investment fraud schemes.

The seized Bitcoin, acknowledged to come help from the rip-off proceeds, is now half of the DOJ’s ideal-ever forfeiture case. A DOJ dependable confirmed to DB that the funds are in custody.

In step with records from Arkham Intelligence, a US executive-linked pockets at prove controls about 197,354 BTC, valued at $22 billion. With potentially the most in model seizure, the general amount of Bitcoin held by the manager is nearing 325,000 BTC.

Loading...

















Quantcast




?>

Learn Extra

Related posts

Binance Hiring Contingent CEO, But Zhao Isn’t Leaving

The Crypto News

Bitcoin creator Satoshi Nakamoto might per chance well merely now be richer than Dell CEO Michael Dell

The Crypto News

Nexo Launches NFT-Backed Lending Provider

The Crypto News

Leave a Comment

Or Login with

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More