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Bitcoin

US selling 69K seized bitcoins could mess with Trump plans for crypto reserve

US could get about $6.4 billion from the sale at bitcoin’s current price.

By: Ars Technica
  • Jan 10 2025
  • 44
  • 3166 Views
US selling 69K seized bitcoins could mess with Trump plans for crypto reserve
US selling 69K seized bitcoins
At the end of 2024, a US court authorized the Department of Justice to sell 69,370 bitcoins from "the largest cryptocurrency seizure in history." At bitcoin's current price, just under $92,000, these bitcoins are worth nearly $6.4 billion, and crypto... [1571 chars]

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