The U.S. government holds just 28,988 BTC worth $3.44B, per a FOIA response obtained by @L0laL33tz.
That's only 15% of the 200,000 BTC it was once believed to control.
Shared via https://pullthatupjamie.ai
Discussion
Thoughts on this?
Would they have means to hide a part of their holdings?
Very interesting; I presume that doesn't include the Bitfinex hack ( was it 120K? I somehow forget), which is legally and morally correct), but they presumably still control it .
😬
-Wait, you only have 29K Bitcoins? We thought it was 200K, where's the other 85%?
-We lost it in a boating accident off the coast of Eipste... Virgin, Virgin Islands.
BS....
Waiting on a signed proof they control the UTXOs
The US Government holds Microstrategy.
Not their stock, rather their ability to exist.
Or the ability to enact a ‘special tax’ for bitcoin companies
The US Marshal Service is not the entire government. Was this twist nostr:npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw or nostr:npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6mak ... facts before FUD.
This is just the Marshall Service. The DOJ’s Asset Forfeiture Program includes the Money Laundering and Asset Recovery Section (MLARS) which would lokely hold some. Also the DEA, ATF and FBI could have some too.
Also the IRS via tax seizures.
Other DOJ departments like the The DOJ’s Asset Forfeiture Program includes the Money Laundering and Asset Recovery Section (MLARS), DEA, FBI and IRS. That's why Trump ordered the report across the entire Executive Branch on Bitcoin holdings.
Better the US government have to buy bitcoin like the rest of us rather than rely on stolen assets ... and what has become of the recovered Bitfinex coins?
Don’t worry, they know all the addresses of all the people dumb enough to buy bitcoin KYC
The US government is no better than the German government.
What happens next?