🔍 Situation

  • The U.S. has carried out the seizure of a batch of bitcoin estimated to be worth around 15 billion USD, related to Prince Group (Cambodia) – operating within a transnational investment fraud network.

  • Issue: can the U.S. government legally benefit from this entire amount of bitcoin or will it have to return it to the victims of the fraud.

🧭 Processing capabilities

  • If the government can retain it, this amount of bitcoin could become a new financial tool, supplementing resources for the strategic reserve fund.

  • However, most of the seized assets are classified as 'criminal property', so if not handled according to the law, there will be issues regarding legality and transparency.

  • Currently, there has been no clear announcement regarding the completion time and the final plan from the U.S. Department of the Treasury.

✅ Conclusion

Thus: The U.S. is in the midst of a very large legal case regarding bitcoin seized from a fraud network. The handling of this will determine whether these assets will be used as a financial resource for the government or largely to compensate victims — or both.

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