Recently, there has been a highly discussed operation in the crypto market worth noting—the Bitcoin reserve strategy of the Trump administration. On the surface, it appears to be a national financial innovation, but underlying currents are surging.



In March last year, Trump signed an executive order officially launching the "Strategic Bitcoin Reserve" plan, incorporating approximately 200,000 Bitcoins seized by federal law enforcement into the national reserve assets. The U.S. government publicly promoted this as an effort to build a "Digital Fortress." But here’s the problem: Trump’s target is 1 million Bitcoins, and currently, only 200,000 are in reserve, leaving an 80% gap. Where does the money come from?

The answer emerges from law enforcement’s overseas asset recovery operations. In October this year, the U.S. Department of Justice initiated an asset freeze targeting the CEO of a well-known Cambodian group, involving the confiscation of about 127,000 Bitcoins. Once obtained, this asset would directly double the U.S. government’s Bitcoin reserves, increasing them by over 60%.

Even more interesting is another event that occurred around the same time. In November, U.S. federal law enforcement seemingly sold some of the seized Bitcoins (about 57 coins) quietly through a custodial service on a trading platform. This move contradicts the government’s public commitment to "hold but not sell" reserves and also reflects internal disagreements within law enforcement regarding the reserve policy.

Regardless, this process is reshaping the geopolitical landscape of global crypto assets.
BTC2,96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ProofOfNothingvip
· 01-09 13:18
Digital Knoxborough? Sounds nice, but in reality it's just legal plunder. Only store without selling, then turn around and sell—laughable. Who would believe this trick? The US is playing it perfectly, using law enforcement as an excuse to directly seize others' assets. Wait, is this logic aiming to monopolize Bitcoin pricing power? By the way, how to fill the 80% gap? How many wrongful cases need to be pursued? It's the government, the Department of Justice, and exchanges—this triangle is very stable. Now I understand why the crypto world always has to be on guard against great power politics.
View OriginalReply0
AlwaysMissingTopsvip
· 01-07 05:25
Ha, it's the same "Digital Fortress" rhetoric again, just listen to it Promised to only store and not sell, then turn around and sell? The government's move is a bit harsh How to fill the 80% gap? Probably still need to continue "recovering" assets Trump's chess game is well played, but we retail investors need to be careful Even within law enforcement agencies, there's no consensus. Is this reserve policy reliable? Confiscated assets doubling in value? Seems a bit far-fetched, just worried it’s a new way to cut the leeks The reshaping of the geopolitical map sounds impressive, but the real beneficiaries are still those guys
View OriginalReply0
SilentObservervip
· 01-06 13:48
Digital Noxburg? That sounds ridiculous. We agreed only to store, not to sell.
View OriginalReply0
ZenChainWalkervip
· 01-06 13:48
Digital Knoxborough? Basically, it's an upgraded version of a loot game. Say one thing and do another, this is pretty impressive. A million coins of ambition, and they're still poaching. I think this is just a new way of rent-seeking for power. This is really outrageous, and the law enforcement agencies are secretly taking action? The promise of "holding but not selling" is just a joke. Now, here we go again, another player changing the game rules. USA: The new landlord of the crypto market? The last gentle touch of capitalism.
View OriginalReply0
CryptoCrazyGFvip
· 01-06 13:40
Oh, I see through this trick. The US just wants to secretly accumulate coins. Wait, from 200,000 to 1,000,000, this 80% gap is politely called "recovery," but frankly it's just a theft. Only holding without selling? Haha, selling 57 coins quietly—what does that really mean? If this guy really becomes the digital Fortress of Solitude, can our retail investors' Bitcoin still rise? To be honest, Trump's move this time is pretty ruthless, directly using judicial means to pile up coins, taking geopolitical play to a new level.
View OriginalReply0
SignatureVerifiervip
· 01-06 13:30
ngl, the "digital fort knox" narrative requires significant validation here. selling 57 btc while publicly committing to hodl? that's insufficient audit trail at best, questionable implementation at worst. trust but verify, especially when geopolitics enters the chat.
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)