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The US Government is Transferring Bitcoin and Ethereum Gained from Fraud! - Coin Bulletin
The US government transferred 97.34 BTC and 884.3 ETH seized from Sae-Heng.
The US government transferred 97.34 BTC, approximately 8.46 million dollars, and 884.3 ETH, 1.78 million dollars seized from Sae-Heng’s fraudulent activities to new wallets on March 27, 2025, at 20:23 TRT.
Sae-Heng, known for fraud scams, is a person and these funds were seized as a result of an investigation by the government. The digital assets currently owned by the U.S. government have reached a substantial amount. The government holds 198.4k BTC ( approximately 17.3 billion dollars ) and 58k ETH ( 116 million dollars ) in digital assets.
With the latest transfer, the US government’s digital assets have reached levels of 198,012 BTC (, 11.22 billion dollars ) and 59,965 ETH (, 1.19 million dollars ).