Chainalysis reported over $75 billion in cryptocurrencies tied to illicit activity, with $15 billion held by illicit entities and $60 billion by downstream wallets. Darkweb marketplace vendors hold over $40 billion. Bitcoin accounts for 75% of illicit funds, with Ethereum and stablecoins making up the rest.

The U.S. Department of Justice filed for the forfeiture of 127,271 BTC worth $15 billion from a cryptocurrency fraud syndicate. This move could boost the Bitcoin strategic reserve established by President Trump in March. Treasury Secretary Bessent previously stated the U.S. held $15-20 billion in forfeited Bitcoin.

Following Trump’s executive order, the U.S. may become an active buyer of Bitcoin to add to the strategic reserve using “budget-neutral” strategies. This could further support the sustainability of asset forfeiture as a funding model for national strategic reserves.

Read more at Yahoo Finance: $75 Billion In Crypto Up For Grabs For Governments Eyeing Strategic Reserves