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USMS Bitcoin auctions Flash News List | Blockchain.News
Flash News List

List of Flash News about USMS Bitcoin auctions

Time Details
2025-10-15
17:35
U.S. Seized Bitcoin (BTC) Will Be Liquidated, Not Held as a National Reserve Under Current Law: What Traders Should Watch

According to the source, U.S. asset forfeiture statutes require seized cryptocurrency to be liquidated with proceeds deposited into the Department of Justice Assets Forfeiture Fund or the Treasury Forfeiture Fund, not retained as a national reserve, as set out in 28 U.S.C. § 524(c) and 31 U.S.C. § 9703 and summarized by the Congressional Research Service. The U.S. Marshals Service oversees custody and disposal of forfeited digital assets via auctions and contracted service providers, per U.S. Marshals Service guidance and federal procurement records on SAM.gov. The Department of Justice has previously executed staggered BTC disposals, including selling 9,861 BTC from the Silk Road case on March 14, 2023 with additional tranches planned, according to a DOJ court filing in United States v. Zhong filed March 31, 2023 in the Southern District of New York. Traders should monitor on-chain transfers from U.S. government labeled wallets and official disposal announcements for potential supply events, as evidenced by Arkham Intelligence labeling of U.S. government BTC addresses and prior U.S. Marshals Service auction notices.

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