US authorities just netted over $15 billion in seized Bitcoin—making them one of the largest crypto whales ever. The haul stems from a massive “pig butchering” scam bust, and now the feds are touting it as a “Strategic Bitcoin Reserve.”
On one hand, this could be a bullish stamp of approval for BTC’s legitimacy; on the other, it’s a stark reminder that centralized power can swoop in and hoard coins at will. The coming months will tell whether this reserve fuels wider adoption or signals tighter government control over crypto’s promise of decentralization.
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