The post Why did the U.S. Government Transfer 97 BTC and 884 ETH ? appeared first on Coinpedia Fintech News
On March 27, 2025, the U.S. government moved 93.96 BTC ($8M) and 884.33 ETH ($1.77M) from the Sae-Heng confiscated funds, linked to a ‘pig butchering’ scam. Arkham tracked the movement, noting that $10 in BTC was sent to one address, with the rest moved to a change wallet. While the reason remains unclear, such transactions raise speculation about potential asset returns or reserve strategies. The government still holds over $17B in crypto, including 198K BTC.