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Home»BLOCKCHAIN NEWS»The US government relocates $ 8 million from Bitcoin after Trump established a strategic protection area.
BLOCKCHAIN NEWS

The US government relocates $ 8 million from Bitcoin after Trump established a strategic protection area.

By Crypto FlexsMarch 27, 20253 Mins Read
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The US government relocates $ 8 million from Bitcoin after Trump established a strategic protection area.
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Main takeout

  • Trump has established a strategic Bitcoin protection zone to maintain Bitcoin as a long -term asset in the United States.
  • The US authorities migrated $ 8 million worth of Bitcoin seized in the fraud system to comply with new administrative orders.

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According to Arkham Intelligence, a blockchain analysis company, today’s cryptocurrency wallet today has transferred more than $ 8 million in bitcoin today.

Arkham Alert: The US government travels $ 8 million $ BTC

The US government just moved BTC $ 8.46m from the SAE-HENG seizure.

$ 10 of BTC was sent next.
BC1QS0QHMLZH2WVS0N70VN7S6JJ37ZVEK2E7T73KFG

The remaining $ 8.46m moved to the change wallet.
BC1Q7QF075UP5NKD6HGKMR9MS0FAL97W35ASRS55 pic.twitter.com/OTBWXTD2PZ

-Arkham (@arkham) March 27, 2025

The transferred bitcoin comes from the assets confiscated from the Binance account belonging to the Wanpadet Saae-Heng in Thailand, including other digital assets such as Wanpadet Saae-Heng in Thailand, Dogecoin, Ethereum and Cardano. The seizure was connected to the “pig butcher” investment fraud system.

The deal is divided into two wallet addresses, and the rest sends $ 10 to Bitcoin and sends the rest to another address.

It is not yet clear what the purpose of movement is. The US government’s recent relocation of Bitcoin was made after about $ 190 billion in coinbase prime in December.

The US government currently has 198,012 BTCs, and the market price is currently $ 17 billion.

According to TRUMP’s top encryption advisor, BO HINES, the government had previously had about 400,000 Bitcoin, but almost half was sold early for less than $ 10 billion.

The US government has been in about 400,000 Bitcoin for many years. Half of them were sold early for less than $ 1 billion. If we are holding it on, the bitcoin will be worth more than $ 17 billion today. https://t.co/m3gjc3yg2V

-Bo Hines (@bohrines) March 27, 2025

Trump’s AI and encryption CZAR, David Sacks, said that if the US government has recently maintained about 195,000 Bitcoin, which has been seized and sold for the past decade, it can get an additional $ 17 billion.

The US Marshall Service, which is in charge of asset management, has been carefully investigated for potential misconduct as the government forms the national bitcoin protection area.

According to Trump’s March 6 command, the seized bitcoin will be added to the strategic Bitcoin protection area and will be maintained as a long -term asset separate from the national digital asset stock. The Treasury Secretary has the authority to determine the management strategy for US digital asset stocks, including potential sales.

The administrative order requires a comprehensive review of all federal digital assets within 30 days.

In addition, the financial minister and commercial assistant will approve the budget neutral strategy to acquire additional Bitcoin for strategic Bitcoin protection zones with the goal of expanding their retention without additional taxpayers’ costs or new budget allocation.

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