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Reading: DOJ Information $15B Bitcoin Forfeiture Order, Probably Boosting U.S. BTC Reserves
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News

DOJ Information $15B Bitcoin Forfeiture Order, Probably Boosting U.S. BTC Reserves

Editor
Last updated: October 15, 2025 3:25 am
Editor
Published: October 15, 2025
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DOJ Information B Bitcoin Forfeiture Order, Probably Boosting U.S. BTC Reserves


Contents
  • DOJ Information BTC Forfeiture Order Which May Enhance U.S. Bitcoin Reserves
  • A BTC Reserve Is The ‘Wisest Factor’ To Do

The U.S. Division of Justice (DOJ) is looking for to achieve possession of as much as $15 billion value of BTC, which it seized from a crypto fraud scheme. This might increase the U.S. authorities’s Bitcoin reserves and comes amid the push to determine the Strategic BTC reserve.

DOJ Information BTC Forfeiture Order Which May Enhance U.S. Bitcoin Reserves

In a press launch, the Division of Justice introduced that it filed a civil forfeiture criticism towards nearly 127,271 BTC, value almost $15 billion, that are a part of the “proceeds and instrumentalities” of a “pig butchering” rip-off. The DOJ additional revealed that these funds are presently within the U.S. authorities’s custody.

In the meantime, additionally they famous that this marks the biggest forfeiture motion within the DOJ’s historical past. The DOJ seized these funds from Chen Zhi, often known as “Vincent,” the founder and chairman of Prince Holding Group (Prince Group), who they’ve charged with wire fraud conspiracy and cash laundering conspiracy.

This forfeiture motion might ultimately increase the U.S. Bitcoin reserves if the court docket grants a forfeiture order. U.S. President Donald Trump has already signed an government order proposing that the U.S. use confiscated belongings to type a Strategic BTC reserve.

BitcoinTreasuries information exhibits that the U.S. presently holds 198,021 BTC, that are primarily from seizures. As such, a forfeiture order for this $15 billion implies that the federal government might ultimately maintain as much as 325,292 BTC ($36 billion) in its reserves.

U.S. Treasury Secretary Scott Bessent had confirmed in August that the U.S. Bitcoin reserves have been value as much as $20 billion. This adopted earlier speculations that the U.S. had bought most of its BTC holdings.

In the meantime, this transfer would additionally develop the U.S. lead over different nations when it comes to Bitcoin holdings. The U.S. authorities holds probably the most BTC amongst authorities entities, forward of second-placed China, which has 190,000 BTC.

A BTC Reserve Is The ‘Wisest Factor’ To Do

Notably, this growth comes amid the push to cross the BUTCOIN Act, which is able to codify Trump’s Strategic Bitcoin reserve order. Senator Cynthia Lummis, who launched the invoice, at the moment famous that BTC’s uniqueness is among the causes the reserve is the “wisest factor” to do to shore up the greenback.

Add this to the the explanation why a Strategic Bitcoin Reserve is the wisest factor we will do to shore up USD. It secures our debt with a tough asset + we will audit it to show reserves at any time.

Given its shortage, we will additionally use it in 20+ yrs to retire a significant % of US debt. https://t.co/9sI5eUxzCP

— Cynthia Lummis 🦬 (@CynthiaMLummis) October 14, 2025

This adopted Elon Musk’s endorsement of Bitcoin, by which he famous that Bitcoin relies on power, as anybody can situation pretend fiat foreign money, however that it’s not possible to pretend power. Lummis agreed with Musk and said that the BTC reserve will assist safe their money owed with a tough asset.

She added that they’ll additionally audit it to show the Bitcoin reserves at any time and that, given its shortage, they’ll use it in 20 years to retire a significant proportion of the U.S. debt.



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Reading: DOJ Information $15B Bitcoin Forfeiture Order, Probably Boosting U.S. BTC Reserves
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