{"id":146936,"date":"2025-01-17T10:00:56","date_gmt":"2025-01-17T08:00:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146936"},"modified":"2025-01-16T23:06:04","modified_gmt":"2025-01-16T21:06:04","slug":"u-s-senator-questions-government-bitcoin-sales-highlights-18-5-billion-in-unrealized-losses","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-senator-questions-government-bitcoin-sales-highlights-18-5-billion-in-unrealized-losses\/","title":{"rendered":"U.S. Senator Questions Government Bitcoin Sales, Highlights $18.5 Billion in Unrealized Losses"},"content":{"rendered":"

Her investigation<\/a> <\/strong>highlights concerns over the financial impact of liquidating seized Bitcoin<\/a> <\/strong>instead of holding it as its value appreciates.<\/p>\n

Lummis questioned the agency\u2019s decision to sell 69,370 Bitcoins tied to the Silk Road case, emphasizing the massive current market value of these assets, which now exceeds $6 billion. She argued that retaining the Bitcoin would have been a far more beneficial strategy for American taxpayers.<\/p>\n

In a letter addressing the issue, Lummis expressed frustration over the historical handling of seized Bitcoin. Between 2014 and 2023, the U.S. Marshals Service sold roughly 195,092 Bitcoins for $366.5 million. Today, those same Bitcoins would be valued at over $18.9 billion, representing an unrealized loss of $18.5 billion\u2014a 98% decrease in potential value.<\/p>\n