- US Moves $8M Bitcoin from Sae-Heng Seized Funds
- Trump Order Initiates Strategic Bitcoin Reserve
- US Holds 198K Bitcoin Worth $17B in Cold Storage
The United States government has recently moved over $8 million worth of Bitcoin from confiscated funds. Blockchain analytics platform Arkham Intelligence identified the movement of assets on the blockchain. This Bitcoin transfer has sparked interest because it happened soon after the Strategic Bitcoin Reserve establishment order from the executive.
Government Transfers Confiscated Bitcoin to New Wallets
The US government moved 93.96 BTC worth $8.46 million to agents based on Arkham Intelligence records on March 27 of 2025. The transfer occurred from the wallet which served as the storage point for confiscated Sae-Heng funds. A Bitcoin amount of $10 was sent to a single wallet before the bulk of $8.46 million transferred to a new change wallet.
Binance transferred the initial funds that belonged to Sae-Heng through their account platform. The assets were seized because they belonged to a known “pig butchering” scheme that searched for American victims. The government seized Bitcoin and Ethereum as well as Cardano and Dogecoin from Sae-Heng during his financial investigation.
Arkham made a social media announcement which stated the US Government transferred $8.46M BTC from the assets seized from Sae-Heng. The government has not issued any public announcement regarding the circumstances behind this transaction.
Strategic Bitcoin Reserve Policy and Future Crypto Management
Executive Order 006 signed by President Trump triggered the asset movement during the period following March 6th 2025. The executive order established the requirement of creating a Strategic Bitcoin Reserve. Bitcoin seized by law enforcement will be permanently kept as an investment by the reserve which will refrain from selling these assets right away.
The United States government possesses about 198,012 Bitcoin which currently amounts to $17 billion worth. The state possesses the biggest Bitcoin stash in the world exceeding what China possesses. This reserve functions independently from other digital assets while it will be overseen by Treasury management.
Crypto advisor David Sachs informs that Trump’s administration is auditing all digital assets under examination. The upcoming evaluation will establish the Bitcoin level that will remain as part of the new reserve policy. The order permits the Treasury to look for strategies that will grow Bitcoin reserves while keeping expenses off the taxpayer burden.
