A wallet identified as belonging to the US government transferred a small amount of Bitcoin connected to assets seized from Alameda Research’s Binance.US accounts, CryptoSlate reported. The transaction has revived concerns in the crypto market that Washington could be preparing to liquidate more of its forfeited Bitcoin holdings. The move also highlights a potential distinction between Bitcoin already placed in the Strategic Bitcoin Reserve and other government-held assets. Under President Donald Trump’s reserve policy, Bitcoin deposited into the Strategic Bitcoin Reserve “shall not be sold.” However, the reported transfer has drawn attention to how that language applies to seized cryptocurrency before, or outside of, its formal inclusion in the reserve. The transaction alone does not confirm that a broader sale is planned, but it has renewed scrutiny of the US government’s handling of its Bitcoin stash.
Source
CryptoSlate
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