Original archived Re: US Strategic Reserve; is it right to actually use seized assets as reserves
Scraped on 20/08/2025, 22:48:29 UTC
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?
It's not a new method, and this is not just something done by the US; most governments have seized a significant amount of coins that are linked to whateverthey tag it as. As long as they consider it to be against their rules, they will seize it. The only thing new here now is that they have suspended selling all the seized coins; rather, they choose to keep them instead as their reserve, but anything can still change in the future, and they may decide to auction it off.
The thing here is, individuals should just be careful not to mistakenly and unknowingly use their own hand to link their holdings to a government-targeted address that has been suspected to be linked to illicit activities because they will claim the coin, and the chance of the individual getting it back will be very slim.