US to add $14 billion BTC to Strategic Bitcoin Reserve seized from Chinese scammer

The US government is moving to seize 127,271 Bitcoin worth about $14.2 billion, which investigators say was generated through a cross-border “pig butchering” scam operated by Chinese national Chen ...

By · · 1 min read
US to add $14 billion BTC to Strategic Bitcoin Reserve seized from Chinese scammer

Source: CryptoSlate

The US government is moving to seize 127,271 Bitcoin worth about $14.2 billion, which investigators say was generated through a cross-border “pig butchering” scam operated by Chinese national Chen Zhi. If completed, the Bitcoin should be added to the U.S.’s Strategic Bitcoin Reserve according to the terms of Trump’s Executive Order issued earlier this year. […]