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Crypto Czar Reveals How Much The US Has Lost From Bitcoin Sales

CoinGape LogoCoinGape11h ago

Crypto Czar Reveals How Much The US Has Lost From Bitcoin Sales - CoinGape

Quick Summary:

Crypto Czar David Sacks argues that selling the confiscated Bitcoins for a pittance has cost US taxpayers a fortune ahead of the planned Crypto Strategic Reserve.

After a spree of enforcement actions against criminal activity, the US stacked an impressive amount of Bitcoin over ten years.

The US government’s BTC holdings came from busting criminal activities on the deep web with the Silk Road seizures topping the list.

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Crypto Czar Reveals How Much The US Has Lost From Bitcoin Sales - CoinGape (Picture 1)

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Article Details

Author / Journalist: Aliyu Pokima

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 15:12:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26699061

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 36 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

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The story "Crypto Czar Reveals How Much The US Has Lost From Bitcoin Sales" has 409 words across 27 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Crypto Czar Reveals How Much The US Has Lost From Bitcoin Sales" was covered 11 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 36 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26699061
  • URL: https://chronographically.beamstart.com/news/crypto-czar-reveals-how-much-17412743207700

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