government seizure

Allegations that an insider connected to a U.S. Marshals Service crypto contractor siphoned more than $40 million from government-linked wallets have raised fresh concerns over how the federal government safeguards seized bitcoin and other digital assets.

Taiwan’s Ministry of Justice disclosed it holds over 210 bitcoin seized from criminal cases, placing the country among the world’s top government bitcoin holders.

The U.S. government is seeking to seize a massive 127,271 bitcoin (≈$14B) linked to a scam run by Chinese national Chen Zhi and his Cambodia-based criminal network.

Germany transferred more Bitcoin to exchanges, leaving it with just $765 million of its massive seized reserves as its months-long liquidation spree nears its end.

The German government shifted another $56 million in Bitcoin to different platforms, continuing to offload portions of its massive Bitcoin trove and fueling volatility amid creditor payouts from Mt. Gox.

The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts.

The US government moved over $240 million worth of seized Bitcoin to Coinbase, stoking fears it may sell some of its massive Bitcoin reserves and cause downward price pressure.

Massive Bitcoin seizures from Bitfinex hackers add to US government stockpile. Snowden predicts major government entry into Bitcoin market.

After seizing 213,000 bitcoin in 2017, Bulgaria now has an opportunity to become one of the wealthiest countries on earth.

Uncle Sam made off with more than $215 million this month as it began to liquidate portions of seized bitcoin.