Government’s Bitcoin Reserves Exceed $36 Billion

The U.S. government’s Bitcoin reserves have surpassed $36 billion after the U.S. Attorney’s Office for the Eastern District of New York and the Department of Justice’s Homeland Security Division seized 127,271 BTC (worth $14 billion) from a former Chinese citizen. Authorities accused Chen Zhi of running a large-scale fraud network in Cambodia that allegedly used forced labor to steal billions of dollars.

The rapid growth of transnational fraud has cost American citizens billions, with their savings wiped out in mere minutes. The Department of the Treasury is taking measures to protect Americans by cracking down on foreign fraudsters.

“Working closely with federal law enforcement agencies and international partners such as the United Kingdom, the Treasury will continue its efforts to protect Americans from predatory criminals,”
said Treasury Secretary Scott Besant.

In addition to managing a major fraud network that lured victims into investment scams, Zhi was reportedly involved in “sextortion-related fraud” and the organization of large-scale human trafficking, torture, and extortion of enslaved workers.

The U.S. government’s Bitcoin reserves grow solely through seizures, as Besant stated in August 2025 that authorities would not purchase Bitcoin for the country’s strategic reserve.

See also: "Value of Japan’s Metaplanet Falls Below Its Bitcoin Holdings"

#Fed #Bitcoin (BTC) #USA #Reserve

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