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US government moves roughly $23,000 in bitcoin from ‘Villanueva’ forfeiture wallet

The Block
The U.S. government moved approximately $23,000 in Bitcoin from a wallet linked to Miguel Villanueva's seized funds.

Summary

The U.S. government executed three separate transactions, moving roughly $23,000 worth of Bitcoin (totaling about 0.3346 BTC) from a wallet identified on-chain as containing funds seized from Miguel Villanueva. Following these transfers, the originating wallet appeared completely drained. While blockchain trackers link the address to a forfeiture involving Villanueva, public court records detailing the seizure were not located. This movement occurs while federal officials, including Treasury Secretary Scott Bessent, have indicated a policy under President Trump's strategic reserve plan to retain seized Bitcoin rather than sell it, adding forfeited assets to the government's digital reserve. The U.S. government is currently one of the world's largest known Bitcoin holders, possessing around 328,000 bitcoins.

(Source:The Block)