The US federal government has sold around 195,000 bitcoins in the last decade, with an estimated $ 366 million from criminal seizures, which are associated with Silk Road.
American taxpayers have missed $ 17 billion in Bitcoin (BTC) profits since 2013, as a walled garden investment strategy adopted by the previous administration, said the White House AI and Crypto Caesar David Sachs. Through X.
Sachs shared a federal government bitcoin sales analysis, originating by Elon Musk-supported Grocke AI, which seems to be another sign of a potential American Crypto Reserve under President Donald Trump.
The US government began seizing bitcoins in 2013, marking the FBI’s 11 BTC seizure of the first recorded examples of an American agency, taking control of the property. Public records indicate that Bitcoin was attempted to buy illegal drugs from a bad actor.
Since then, FBI and other law enforcement agencies have seized around 195,000 BTCs. Data shows that the US government sold bitcoins 11 times in the last 12 years, with 173,000 BTCs liquidated in four major sales in three years till November 2015.
On March 6, BTC costs more than $ 15 billion, as BTC is priced at $ 89,800 per token on 6 March. “If the government had organized bitcoin, today would be more than $ 17 billion dollars,” SAC said, the government’s paper-hand Crypto Dhan means. A paper-hand investor is the one who soon sold the property and missed its biggest price.
Officers have 207,000 BTC left in public coffers, which can infection in a national stockpile or build a foundation for an American Crypto Reserve. The January executive order of President Trump instructed its Crypto Cabinet and Regulators such as the Securities and Exchange Commission to develop BTC Reserve Act, develop the expectations of the industry.
Ahead of Trump about combining BTC with Altcoins in a reserve divided a partition among his crypto and tech-havavi silicon Valley supporters.
Nevertheless, Trump will probably announce the BTC Reserve Strategy at the first White Crypto Summit on 7 March. The asset re -released $ 90,000 price levels ahead of the phenomenon as market volatility increased the prices of the spot.
