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U.S. seizes $15B in bitcoin tied to alleged global scam, jolting crypto sentiment
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Federal agencies seized about $15 billion in bitcoin linked to an alleged global scam, spooking markets over potential liquidation and liquidity effects, though analysts expect a measured resolution alongside continued institutional adoption.
U.S. federal authorities seized about $15 billion worth of bitcoin tied to an alleged global crypto scam, in what officials described as the largest digital-asset confiscation. Reports indicate the investigation traced flows across Asian hubs, culminating in multi-agency actions and asset freezes. Market participants worried about forced disposals and implications for exchange liquidity, adding to price volatility already pressuring major tokens. Analysts said legal overhangs usually resolve gradually, but any government sales process could weigh on sentiment temporarily, even as long-term institutional adoption continues through regulated custodians and listed ETF vehicles.