US Seeks $2.4M Bitcoin from Chaos Ransomware

29-Jul-2025 CoinPedia
US Seeks $2.4M Bitcoin from Chaos Ransomware

The post US Seeks $2.4M Bitcoin from Chaos Ransomware appeared first on Coinpedia Fintech News

The US government aims to claim 20.2 BTC, worth about $2.4 million, seized by the Dallas FBI from the Chaos ransomware group. If successful, these bitcoins will be added to the United States’ Strategic Bitcoin Reserve, a national asset fund created in 2025 that holds forfeited bitcoin as a long-term store of value. This reserve treats Bitcoin as a strategic financial asset and does not sell its holdings, strengthening the country’s digital asset strategy.

Also read: Latam Insights Encore: Brazil Must Reject Blanket Taxation for the Crypto Industry to Survive
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