Just days after The US Treasury secretary Scott Bessent announced that the country which is actually setting up a bitcoin strategic reserve is not looking to buy bitcoin. With the intent of actually keeping the 200k bitcoin which is heavily reported to seized bitcoins in their possession as reserve.

Just after that a blockchain analytics platform Arkham reported that $300k value of coins have been moved to the government account from coinbase and it was reported to be siezed from an Hacker


Even though this is not bitcoin but is this the new method of which US are trying build their own reserve by holding siezed assets

My question is; is this actually right? I think this assets are supposed to auction or sold off?

Does Not buying bitcoin actually signifies that they don’t believe in bitcoin at all and are only fulfilling campaign promises.

Just days after The US Treasury secretary Scott Bessent announced that the country which is actually setting up a bitcoin strategic reserve is not looking to buy bitcoin. With the intent of actually keeping the 200k bitcoin which is heavily reported to seized bitcoins in their possession as reserve.

Just after that a blockchain analytics platform Arkham reported that $300k value of coins have been moved to the government account from coinbase and it was reported to be siezed from an Hacker


Even though this is not bitcoin but is this the new method of which US are trying build their own reserve by holding siezed assets

My question is; is this actually right? I think this assets are supposed to auction or sold off?

Does Not buying bitcoin actually signifies that they don’t believe in bitcoin at all and are only fulfilling campaign promises.