According to the source, the White House said it defended the transfer of Ilya Lichtenstein from prison to home confinement but did not direct the decision, framing it as a Bureau of Prisons matter; traders are monitoring headline risk tied to the 2016 Bitfinex case. source: White House comments as reported by the source Lichtenstein is tied to the 2016 Bitfinex breach involving 119,754 BTC, and he later pleaded guilty to money laundering conspiracy related to the hack. source: U.S. Department of Justice, Feb 8, 2022 press release; U.S. Department of Justice, Aug 3, 2023 press release From a market-structure perspective, seized BTC tied to major cases have been sold or transferred by U.S. authorities in tranches, creating observable supply events that traders track; for example, the U.S. government sold 9,861 BTC from a Silk Road seizure in March 2023 and outlined plans for additional sales. source: U.S. Department of Justice court filing dated March 31, 2023; U.S. Marshals Service asset forfeiture and auction records Given the visibility of government-controlled wallets and prior disposition actions, BTC traders typically watch for on-chain movements or court filings that could precede supply to venues. source: U.S. Department of Justice asset forfeiture actions and public blockchain records