Citing Protos, Donald Trump’s ordered audit of crypto assets for a Bitcoin Reserve and Digital Asset Stockpile is now 172 days overdue. The review, due on April 5 after Trump’s executive order, has seen no public announcement from the US Treasury, Secretary Scott Bessent, or David Sacks. The Treasury reportedly lacks the audit and redirected inquiries to the IRS, Homeland Security, and the Secret Service. Protos found no public release of the audit. The reserve’s scope has also been reduced, with Bessent indicating the US will not buy BTC, only using seized and forfeited crypto. Sacks noted any expansion would follow 'budget-neutral pathways.' The US Marshals Office is reportedly holding 28,988 forfeited BTC, far below the 200,000 BTC estimated by Arkham.
US Strategic Bitcoin Reserve Audit 172 Days Overdue
ProtosShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.