U.S. Government Holds Over $5 Billion in Seized Bitcoin from High-Profile Cases

U.S. government holds over 194,000 BTC worth over $5 billion based on major seizures linked to Bitfinex hack and Silk Road.

Actual government Bitcoin holdings could be much larger than $5 billion estimation.

Government Bitcoin stored offline in encrypted hardware wallets under Justice Department and IRS.

Government occasionally auctions seized Bitcoin, famously selling 30,000 BTC to Tim Draper in 2014.

More recently, government has sold seized Bitcoin directly to exchanges like 9,118 BTC on Coinbase.