seized

Brazil has signed a landmark law that allows authorities to channel crypto seized from criminal organizations directly into public security initiatives.

U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.

Allegations that an insider connected to a U.S. Marshals Service crypto contractor siphoned more than $40 million from government-linked wallets have raised fresh concerns over how the federal government safeguards seized bitcoin and other digital assets.

U.S. Treasury Secretary Scott Bessent said that the administration will halt all sales of seized Bitcoin and instead add it to the Strategic Bitcoin Reserve.