Reported 1 day ago
Governments, particularly in the U.S., have an opportunity to access over $75 billion in cryptocurrencies linked to illicit activities, according to blockchain analytics firm Chainalysis. This includes $15 billion held by illegal entities and an additional $60 billion from wallets receiving funds from these entities. As the U.S. Department of Justice moves to forfeit a significant amount of Bitcoin tied to fraud, the potential for using these forfeited assets to build a strategic reserve is being explored, with Bitcoin comprising a large percentage of the identified funds.
Source: YAHOO