The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply

[Google News Bot]

United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin worth $4.22 billion using today’s bitcoin exchange rates. After 3 Major Forfeitures, U.S. Law Enforcement Officials Hold More Than 1% of Bitcoin’s Capped Supply The U.S. government has a large stash of bitcoin after three major co ...

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