The US 🇺🇸 Senate has proposed a 1% WEALTH TAX on #Bitcoin holdings that exceed $500,000.

#BTC🌪️ #btctax #BTC #usgovernment

The blockchain analytics firm Arkham has indeed identified a significant amount of Bitcoin that was seized by the U.S. government.

Here are the key details:

3.94K BTC Seized: The U.S. authorities confiscated approximately 3,940 BTC, valued at around $251 million, from a convicted drug dealer.

Total Holdings: Following this seizure, the U.S. government’s total Bitcoin holdings have reached about 216.788K BTC, which is estimated to be worth $13.82 billion.

Source of Seizure: The majority of these holdings come from criminal seizures, highlighting the government’s efforts in combating illegal activities related to cryptocurrencies.

This case underscores the growing role of blockchain analytics in law enforcement and the significant impact of cryptocurrency seizures on government assets.

#Arkham #Crypto #usgovernment

🔥 Arkham Found a New Bitcoin Wallet Owned by the US Government! How Much BTC Is In It?

🇺🇸 The US Government's Cryptocurrency Holdings Revealed! 🇺🇸

🔍 Arkham, the leading cryptocurrency analysis company, has unveiled a significant discovery: the US Government's BTC wallet! This wallet, previously belonging to drug dealer Banmeet Singh, now houses 3.94k BTC (approx. $251M).

💼 With this addition, the US government's crypto portfolio totals a whopping 216,811k BTC (approx. $13.83B)! 💼

📈 Investors, take note! The influence of corporate giants and governmental bodies on Bitcoin's price is clearer than ever. Stay informed, stay ahead!
#Bitcoin❗️ #usgovernment #CryptoNews🔒📰🚫 #ArkhamInsights 📊
#CryptoWatchMay2024