The discussion around government-held crypto assets has once again come alive following new social media reports about U. S. authorities’ digital asset 1 the United States now routinely confiscating cryptocurrencies tied to criminal investigations, every new figure, especially those involving major assets like XRP , attracts both investor curiosity and public 2 Viral Claim and Its Origin The latest conversation was sparked by a post shared by Abdullah Nassif, host of the Good Morning Crypto podcast, who referenced data first published by BankXRP on 3 to the post, the 4 Enforcement Administration (DEA) recently seized $54.7 million worth of digital assets, including $27.9 million in Bitcoin (BTC), $16.5 million in Ethereum (ETH), and $7.8 million in 5 highlighted the XRP portion of the seizure, pointing out that this figure effectively represents the amount of XRP currently held by the 6 following the DEA’s enforcement 7 post quickly gained traction among XRP supporters, fueling discussions about how seized crypto assets are stored, managed, and eventually disposed of by federal 8 Is Holding $7.8 Million $XRP … 0 — Good Evening Crypto (@AbsGMCrypto) October 23, 2025 Tracing the Source of the Seizure While the exact details of this latest action have not yet been officially published by the DEA or the 9 of Justice (DOJ), the numbers align with the scale of several recent crypto forfeiture cases tied to narcotics and money-laundering 10 late 2023, for example, the DOJ announced a civil forfeiture filing in New Jersey involving over $54 million in cryptocurrencies recovered from a darknet narcotics 11 that case focused largely on Ethereum holdings, it demonstrates the magnitude of ongoing federal seizures and the agencies’ growing capacity to trace and secure digital 12 actions form part of a broader 13 to tighten control over illicit crypto activity and enhance asset recovery mechanisms through the 14 Service, which handles the safekeeping and eventual auction of confiscated 15 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What the $7.8 Million XRP Means If accurate, the figure cited by Abdullah Nassif and BankXRP means that roughly $7.8 million in XRP has entered federal custody through DEA 16 amount, while relatively small compared to the billions in circulation, is significant as it underscores XRP’s presence in enforcement-linked portfolios, a reminder that its adoption spans both legitimate and illicit uses, like most major cryptocurrencies.
However, it’s worth noting that social media breakdowns sometimes conflate separate seizures or attribute holdings across 17 an official DEA or DOJ filing confirms the precise composition of this particular seizure, the XRP figure should be regarded as credible but preliminary 18 Bigger Picture Abdullah Nassif’s spotlight on this data reflects a growing awareness of how government-held crypto assets could subtly influence market 19 most seized digital currencies are eventually auctioned or liquidated, the timing and method of those disposals can temporarily affect sentiment and 20 now, all available evidence suggests that the 21 does indeed hold XRP valued at around $7.8 million, pending formal 22 federal agencies continue to ramp up digital asset enforcement, similar revelations are likely to emerge — and the crypto community will be watching 23 : This content is meant to inform and should not be considered financial 24 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 25 are urged to do in-depth research before making any investment 26 action taken by the reader is strictly at their own 27 Tabloid is not responsible for any financial 28 us on Twitter , Facebook , Telegram , and Google News
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