Following the $14 Billion Recent Development, How Much Bitcoin Does the US Have? Will It Sell?

The US government seized 127,271 Bitcoins (worth approximately $15 billion) belonging to Chinese businessman Chen Zhi, bringing its total BTC holdings to 325,283 ￰0￱ brings the value of US Bitcoin holdings to over $37 ￰1￱ US President Donald Trump took office, the country announced that it would create a Bitcoin reserve and would not sell any BTC from now ￰2￱ seizure, conducted by the US Department of Justice's (DoJ) National Security Bureau, is the largest Bitcoin seizure in the department's ￰3￱ Zhi is known as the founder and chairman of the Cambodia-based multinational Prince Holding ￰4￱ to the DoJ's statement, Chen Zhi and his team were running cryptocurrency fraud schemes known as “pig butchering” through “labor camps” they established throughout ￰5￱ News: Nasdaq-listed Brera Holdings Signs Agreement with Altcoin's Foundation!

Will Purchase $50 Million in Tokens! Details Here “The individuals held captive in these camps were forced to work in cryptocurrency fraud schemes that stole billions of dollars from victims in the United States and around the world,” the statement ￰6￱ to the US Treasury Department, the proceeds were laundered through more than 100 shell and holding companies worldwide, concealing their ￰7￱ Zhi, 38, reportedly renounced his Chinese citizenship and remains a fugitive living in ￰8￱ Group is reportedly operating in the real estate and finance sectors, but behind the scenes, it has become one of Asia's largest criminal organizations. *This is not investment ￰9￱ Reading: Following the $14 Billion Recent Development, How Much Bitcoin Does the US Have?

Will It Sell?