Treasury turns DOJ forfeiture bitcoin into a strategic reserve

The Treasury Department operationalized Trump's Bitcoin executive order by transferring approximately 200,000 BTC seized through DOJ civil and criminal forfeiture proceedings into the newly designated Strategic Bitcoin Reserve. Attorney General Pam Bondi issued guidance ending the DOJ's practice of auctioning seized cryptocurrency, redirecting all future digital asset forfeitures to Treasury custody. The transfer restructured how federal law enforcement proceeds are managed, bypassing established auction protocols.