🚨 This might be the craziest story of the week, and it’s getting almost no press.

TL;DR:

The FBI infiltrated the cloud storage of a massive Chinese/Cambodian “pig butchering” scam ring and seized $16 billion worth of Bitcoin… now the largest government crypto seizure in history.

That Bitcoin will likely become part of the U.S. government’s growing Bitcoin reserve, which just increased by 64% overnight, reaching roughly 3.5% of the value of the gold held at Fort Knox.

The U.S. government now holds more Bitcoin than any single entity except Michael Saylor’s MicroStrategy. And under the President’s March 6 Executive Order, the DOJ no longer sells seized Bitcoin it holds it.

This latest move effectively transfers billions in Bitcoin from a Chinese criminal operation to U.S. ownership.

https://x.com/glxyresearch/status/1979541812248277337?s=46&t=SbsQKsaP2wu-m92W3ZBQNQ s=46&t=SbsQKsaP2wu-m92W3ZBQNQ

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Yeah. When you put it like that…

It’s crazy hope much bitcoin they had… crazy it was taken.

Wonder who all is really pissed.

According to the article, the feds have had this bitcoin since 2020

LoL I wonder why no one else bothered seizing it?

That's a signal right there

exactly