The largest seizure in the history of the Department of Justice! The US government may add $15 billion in Bitcoin reserves, aiming for the top Holdings in the world.

The U.S. Department of Justice (DOJ) has filed a civil forfeiture order seeking ownership of nearly 127,271 Bitcoins, valued at approximately $15 billion. This batch of Crypto Assets is related to a global fraud case involving Pig-butchering scams. Once the court approves the seizure, the total Bitcoin holdings of the U.S. government will increase to about 325,292 BTC, worth around $36 billion. This will not only be the largest forfeiture action in DOJ history, but it will also position the U.S. government’s Bitcoin reserves to potentially surpass those of China, becoming the global leader in government-held Bitcoin, in line with the "strategic Bitcoin reserve" initiative.

Largest Seizure Case by the Department of Justice: 15 Billion USD in Bitcoin May Be Confiscated

The U.S. Department of Justice is taking action to incorporate the massive Bitcoin seized from criminal activities into government assets.

· Related to "Pig-butchering scams"

The Ministry of Justice has confirmed that it has initiated a confiscation lawsuit regarding Bitcoin assets seized from Chen Zhi, the founder and chairman of Prince Holding Group (also known as "Vincent"). Prosecutors allege that these funds are linked to a large-scale "Pig-butchering scams" that defrauded thousands of victims through deceptive investment platforms.

· The largest seizure in DOJ history

The Ministry of Justice stated that the seized Bitcoin represents the "proceeds and instruments" of criminal activity and is currently held by the government. Officials described this as the largest confiscation operation in the department's history. Chen faces charges of conspiracy to commit telecom fraud and conspiracy to launder money related to the case.

· Bitcoin will be included in government reserves.

If the court approves the forfeiture request, this batch of Bitcoin will officially become part of the U.S. government's reserves. This move marks an important step for the federal government in expanding its control over digital assets obtained from criminal activities.

U.S. Bitcoin reserves are set to soar: expected to surpass China and take the global lead

The potential addition of this large amount of Bitcoin will greatly enhance the U.S. government's position in the global digital asset arena.

· The total reserves will surge by 64%

According to data from BitcoinTreasuries, the United States currently holds approximately 198,021 BTC, most of which is obtained through law enforcement seizures. If this $1.5 billion in confiscations is approved, the total Bitcoin holdings of the U.S. government will rise to around 325,292 BTC, valued at approximately $36 billion based on current prices.

· Surpassing China to become a global leader

Once the confiscation is complete, the U.S. government will clearly become the leader in global Bitcoin holdings, surpassing China's estimated 190,000 BTC.

· Confirm government holdings

U.S. Treasury Secretary Scott Bessent confirmed in August that the government's Bitcoin reserves are worth nearly $20 billion. This latest seizure operation provides substantial support for the government's efforts to direct confiscated digital assets into the national reserves.

Strategic Bitcoin Reserve Initiative: Providing Long-term Security for the US Dollar

The U.S. government's action to incorporate seized crypto assets into the national reserves is highly consistent with the initiative to establish a "strategic Bitcoin reserve."

· Aimed at supporting federal debt

President Trump previously signed an executive order proposing to direct the confiscated digital assets towards the national Bitcoin reserves to support federal debt and financial stability efforts.

· Members of Congress push for legislative guarantees

Senator Cynthia Lummis, who proposed the "BUTCOIN Act" to codify the executive order, stated that the initiative is a long-term safeguard for the U.S. economy. Lummis emphasized, "The uniqueness of Bitcoin makes it the wisest choice to support the dollar."

· Transparent and auditable value reserves

Lummis added that the reserve can serve as a verifiable and transparent means of value storage, as its holdings can be publicly audited at any time. Tesla CEO Elon Musk previously commented that Bitcoin is "energy-based", in contrast to fiat currency which can be printed infinitely.

Conclusion

The U.S. Department of Justice's move to seek the forfeiture of $15 billion in Bitcoin is not only a milestone in judicial history but also has far-reaching implications for the global digital asset landscape. Once this fund is officially included in reserves, it will make the U.S. the largest government holder of Bitcoin in the world and provide a substantial basis for the political initiative to establish a "strategic Bitcoin reserve." This development underscores the increasing awareness among governments of the potential role of digital assets in national reserves and financial stability. The final asset transfer will depend on the judicial outcome of the forfeiture proceedings.

This article is news information and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make cautious decisions.