November 7, 2018, 3:24PM EST
• 3 min read

Analysis: The U.S. has seized nearly 200,000 bitcoins to date, global confiscations are up to 453,000

Quick Take

  • The total amount of seized or confiscated bitcoins is now nearly 453,000, about 2.6% of the total circulating supply
  • 85.6% of that amount is coming from just two cases — Silk Road and SELEC
  • The U.S. government currently owns at least 4,100 BTC but likely not more than 10,000 BTC
  • Seizures in the U.S. total approximately 198,000 bitcoins from at least 100 different federal criminal, civil, and administrative cases
  • The U.S. sold the majority of seized bitcoins for $151 million. On average, the government sold each seized bitcoin for $780

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