
AiCoin|Oct 16, 2025 04:18
[U.S. May Seize an Additional $2.4 Billion Worth of Bitcoin from Chen Zhi]
According to Arkham's monitoring, on October 16, $2.4 billion worth of Bitcoin from a wallet associated with Chen Zhi was transferred, potentially indicating that the U.S. government has seized additional assets. Previously, the seizure of $14.1 billion worth of Bitcoin had been disclosed. On October 14, the U.S. Federal District Court for the Eastern District announced its intention to confiscate 127,271 Bitcoins related to a transnational fraud operation run by Chen Zhi. These Bitcoins are currently stored in undisclosed addresses, and the related seizure actions have not yet been officially announced.
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