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graybeardhacker | 4 months ago
The DOJ adds seized crypto to the American crypto reserve. https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-pr...
From the webpage: " The Executive Order begins to resolve the current disjointed handling of cryptocurrencies seized through forfeiture by, and scattered across, various Federal agencies. Currently, no clear policy exists for managing these assets, leading to a lack of accountability and inadequate exploration of options to centralize, secure, or maximize their value. Taking affirmative steps to centralize ownership, control, and management of these assets within the Federal government will ensure proper oversight, accurate tracking, and a cohesive approach to managing the government’s cryptocurrency holdings. This move harnesses the power of digital assets for national prosperity, rather than letting them languish in limbo. "
MagicMoonlight|4 months ago
It's not like a cambodian pig butchering operation is going to keep detailed ledgers of who they scammed and for how much.
Reason077|4 months ago
That’s not actually correct. The blockchain contains a permanent, immutable, and public record of every transaction.
Obviously you also need a way to connect a given wallet ID (address) back to it’s owner, but if transactions originated from regulated platforms like Binance then they will have those records thanks to KYC/AML rules.
If the transaction originated from a private wallet, a fraud victim could simply submit proof of their wallet ID as part of their claim.
unknown|4 months ago
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grafmax|4 months ago