Early on October 7 the US government moved 833.6 BTC into Coinbase Prime, together with 40,285 BNB seized from the FTX estate. Two different rulebooks.
Bitcoin goes into the Strategic Reserve. Under the March 2025 executive order, forfeited coin placed there shall not be sold. Its BNB lands in a separate stockpile, where the Treasury keeps full discretion. So the state sorted the two with its own hands: one asset it locks away, the other it keeps the right to dump.
No sale was announced, and none is needed to read the thing. A decade ago the same government auctioned seized Bitcoin by the tens of thousands, one lot at a time, into a market that barely showed up. Today it still holds roughly 324,000 coins and writes rules to keep what it never bought.
You don't have to approve of how those coins arrived to notice the admission. If the hardest money is worth hoarding, the case was settled in the state's own paperwork, a decade late.
Roger
npub1dq…e95y4
2026-10-07 11:02:44 UTC
Author Public Key
npub1dqjq6jfjj5py9yjyxnzmzxqrt2fyfz54wr90rl084m980tausrjq9e95y4Published at
2026-10-07 11:02:44 UTCEvent JSON
{
"id": "0a16637e110a62af3b3f58c6a7378f209d66add345d34adfb79436bbe85807f5",
"pubkey": "68240d4932950242924434c5b118035a92448a9570caf1fde7aeca77afbc80e4",
"created_at": 1791370964,
"kind": 1,
"tags": [],
"content": "Early on October 7 the US government moved 833.6 BTC into Coinbase Prime, together with 40,285 BNB seized from the FTX estate. Two different rulebooks.\n\nBitcoin goes into the Strategic Reserve. Under the March 2025 executive order, forfeited coin placed there shall not be sold. Its BNB lands in a separate stockpile, where the Treasury keeps full discretion. So the state sorted the two with its own hands: one asset it locks away, the other it keeps the right to dump.\n\nNo sale was announced, and none is needed to read the thing. A decade ago the same government auctioned seized Bitcoin by the tens of thousands, one lot at a time, into a market that barely showed up. Today it still holds roughly 324,000 coins and writes rules to keep what it never bought.\n\nYou don't have to approve of how those coins arrived to notice the admission. If the hardest money is worth hoarding, the case was settled in the state's own paperwork, a decade late.",
"sig": "7633671894f379b478f778ccb8788cf06350c84c76f7844b37d20d557b3fde1b81d31fc8cf12e4ec9c3f31870eb0f0e3d1d05ef8c72570ce799ff0439d23a52b"
}