Latest News and Articles about U.S. Government
German Government’s $2.3B Bitcoin Blunder: Sold Too Soon as Price Soared Past $106K
How German Government Missed Out On $2.3 Billion By Selling Its Bitcoin Stash Too Early In the summer of 2024, the German government sold its entire Bitcoin stash, a decision that cost them a potential $2.35 billion in profits as the cryptocurrency’s price soared past $106,000. The sale of 49,858 Bitcoins at an average price […]
Read MoreU.S. Government to Boost Bitcoin Reserves in 2025, Predicts Galaxy Executive
Galaxy Executive Predicts U.S. Government Will Boost Bitcoin Reserves in 2025 Alex Thorn, head of research at Galaxy Digital, has made a bold prediction that the U.S. government will ramp up its Bitcoin holdings in 2025 to strengthen the Strategic Bitcoin Reserve (SBR). U.S. government to purchase Bitcoin for SBR in 2025 Executive order prohibits […]
Read MoreU.S. Gov Recovers $7M in Crypto Fraud: Victims Urged to Claim Funds
$7,000,000 Up for Grabs As Feds Tell Crypto Fraud Victims To Come Recover Their Money The U.S. government has recovered $7 million from a sophisticated cryptocurrency fraud scheme and is inviting victims to reclaim their lost funds. The fraud involved social engineering tactics, where perpetrators gained victims’ trust and directed them to fake websites mimicking […]
Read MoreU.S. Seizes $1M+ in Crypto from Binance in Major Fraud Crackdown
U.S. Government Seizes Crypto Assets in Major Crackdown on Wire Fraud The U.S. government has launched a civil forfeiture action to seize various cryptocurrencies linked to a wire fraud and money laundering scheme. The assets, valued at over $1 million, were seized from a Binance account belonging to Avwerosuo Omokri, a Nigerian national. The fraud […]
Read MoreMichael Saylor Proposes U.S. Government Acquire 20% of Bitcoin Supply
Michael Saylor Urges U.S. Government to Secure 20% of Bitcoin Supply Michael Saylor, the founder and executive chairman of MicroStrategy, has proposed that the U.S. government should acquire 20% of the total Bitcoin supply to enhance its economic and national security. This bold suggestion comes amidst increasing global interest in cryptocurrencies and reflects broader discussions […]
Read MoreChamath Palihapitiya Proposes Bitcoin-Funded U.S. Sovereign Wealth Fund
Chamath Palihapitiya’s Bold Plan: Using Bitcoin to Launch a U.S. Sovereign Wealth Fund Chamath Palihapitiya, the maverick billionaire investor, has proposed a groundbreaking strategy to initiate a U.S. sovereign wealth fund using the government’s Bitcoin holdings, potentially reshaping national financial strategies. U.S. government to leverage Bitcoin for sovereign wealth fund. Palihapitiya aims to generate $50-100 […]
Read MoreU.S. Government to Return 94,643 BTC Stolen in Bitfinex Hack, No Direct Victims Claimed
U.S. Government Moves to Return Stolen Bitfinex BTC, Claims No Victims in 2016 Hack – U.S. Government to return 94,643 BTC stolen in 2016 Bitfinex hack – No direct victims due to Bitfinex issuing BFX tokens – Arrests of Ilya Lichtenstein and Heather Morgan for laundering stolen funds – Implications for cryptocurrency security and regulation […]
Read MoreNBA Legend Scottie Pippen Predicts Bitcoin to Hit $1 Million – Experts Weigh In
NBA’s Pippen Says $1 Million Is ‘Next Stop’ for Bitcoin Scottie Pippen, the legendary National Basketball Association (NBA) player, has made headlines again with his bold prediction that Bitcoin could soar to $1 million. This follows his earlier forecast where he claimed Satoshi Nakamoto visited him in a dream, predicting Bitcoin would exceed $84,000, which […]
Read More