🚨 #US Gov Doesn't "Own" Most of Its #bitcoin – Here's Why That Matters
New #FOIA docs show the U.S. owns just 28,988 BTC (~$3.47B), not 200K+. Why?
Because seized ≠ owned.
⚠️ Seized $BTC = held during investigations (e.g. Bitfinex hack), but not government property.
💼 Forfeited $BTC = legally owned by the U.S. via court rulings — and the only kind they can sell or use.
⚖️ Much of the 200K #BTC is in legal limbo, likely headed back to victims or creditors.
💥 This puts a dent in Trump’s “Bitcoin Reserve” plan — there’s far less available than assumed.
The idea that the U.S. has a $24B Bitcoin war chest? Mostly myth.
