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Time Details
2025-10-14
17:05
U.S. Seeks Forfeiture of $14B+ in Bitcoin (BTC) Linked to ‘Pig Butchering’ Scam — Trader Playbook on Auctions, On‑Chain Signals, and Liquidity

According to the source, the United States is seeking the forfeiture of more than $14 billion in Bitcoin (BTC) tied to a pig butchering crypto scam, indicating a potential future supply event if the assets move through the federal forfeiture process. Source: the source; U.S. Department of Justice Asset Forfeiture Program. For traders, forfeited crypto is typically disposed of by the U.S. Marshals Service (USMS) via scheduled auctions rather than immediate exchange sales, which affects how and when supply reaches secondary markets. Source: U.S. Department of Justice Asset Forfeiture Program; U.S. Marshals Service. Key watch items: monitor court dockets for forfeiture orders, USMS auction notices, and on-chain transfers from government-labeled wallets as early signals of impending disposition. Source: U.S. Courts PACER; U.S. Marshals Service; Arkham Intelligence. Heightened U.S. enforcement against pig-butchering investment fraud may tighten exchange screening and address blacklisting for tainted coins, creating short-term liquidity frictions around flagged UTXOs. Source: FBI Internet Crime Complaint Center (IC3); U.S. Department of Justice. Trading implications: track BTC basis and funding into any auction windows, watch OTC desk activity for block absorption, and set alerts on large government wallet movements to assess near-term volatility risk. Source: U.S. Marshals Service; CME Group public market data.

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