Blockchain
US DOJ Seeks Forfeiture of 127,271 Bitcoin
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Today in crypto, the US Justice Department is moving to forfeit 127,271 Bitcoin, worth about $14.4 billion, tied to a fraud case. Meanwhile, US spot Bitcoin and Ether ETFs started the week with more than $750 million in outflows after Friday’s crash, and Bhutan migrated its national ID system from Polygon to Ethereum.
US gov’t could add $14B to crypto reserves as part of forfeiture case
A US federal court has unsealed a criminal indictment involving a massive fraud scheme that could result in the government increasing its national Bitcoin reserves…
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