Learn about the potential sale of seized bitcoins by the US Department of Justice and its impact on the market. Experts suggest strategies to enhance Trump's bitcoin reserves.
David Bailey, the CEO of Bitcoin Magazine, suggests that the US Department of Justice is considering quickly selling seized bitcoins from Ross Ulbricht and Silk Road. This claim has sparked debates in the digital currency community, with some denying the impact on the market while others point to macroeconomic factors. Bailey proposes Trump activate bitcoin payments for his proposed Gold Card or Golden Passport program. Some experts also recommend selling other seized assets to strengthen Trump’s bitcoin strategic reserves. The federal government holds about 60,850 Ethereum, 122 million Tether, and other currencies.
