Alex Krüger|Mar 07, 2025 05:38
Great meme, wrong take.
The US government holds about 200K bitcoin through the Department of Justice (DOJ), seized from criminal cases, with the most notable being the Silk Road's.
The DOJ operates under federal asset forfeiture laws, which mandate that seized assets be liquidated and the proceeds either returned to victims or deposited into the US Treasury’s forfeiture fund.
The government was obliged to eventually sell these bitcoin.
That is no longer the case.
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