Trump predicted this.
He knew that these crooks were going to sell the confiscated coins and that’s why he said “Never sell your bitcoin” in Nashville during the bitcoin conference.
Why would they move these coins to an exchange otherwise?
Kabamala is full of shit and everybody sees through her. She is anti-crypto.
Don't they have to sell confiscated coins at some point?
They can use the forfeited funds but It also depends on the state I guess.
https://www.fbi.gov/investigate/white-collar-crime/asset-forfeiture
Use of Forfeited Funds
All across the country, federal, state, local, and tribal forfeited funds and property are being used to help protect and serve our communities and support law enforcement. For example, in Kentucky, forfeited funds were used to refurbish a facility to shelter child abuse victims in the state. And in New York City, forfeited funds are being used to advance community-based policing to better serve neighborhoods. These funds have financed an array of additional services and equipment, including:
•A drug and alcohol treatment facility
•Transportation to drug treatment services
•Naloxone rescue kits for opioid overdose victims
•A job skills program
•A youth program aimed at drug and crime prevention
•Afterschool programming
•A plaque for a law enforcement officer killed in the line of duty
•School resource officer salaries
•Bomb-sniffing canines
…
However I don’t see a statement saying that they should sell it.
They can very well use bitcoins to help people without liquidating them first.
Trump would have found a way to keep them.