Is $75 Million in BTC Leaving US Government-Controlled Wallets, Auctions, or Reserves?

• Arkham recorded the movement of $75 million worth of BTC from US-controlled wallets linked to Potapenko/Turogin.
• Within minutes, two events occurred, renewing the debate over auctions and the strategic reserve.
• Traders are monitoring the outflow of funds from wallets to exchanges and any new statements from the Ministry of Justice about liquidation.

US government-controlled wallets transferred approximately $75 million in bitcoins related to the Potapenko and Turogin case (HashFlare).

Earlier today, the Arkham blockchain platform reported that authorities had transferred $75 million worth of bitcoin related to the Potapenko and Turogin case to a new wallet. The transaction consisted of two separate transfers: $1.7 million each, followed by another $73 million, completed within three minutes.

ARKHAM ALERT: THE US GOVERNMENT JUST MOVED $75M $BTC

The US Government has transferred $75M BTC seized from the Potapenko/Turogin case to a new wallet.

They first transferred $1.7M BTC into the new wallet, then sent the remaining $73M, 3 minutes later.

Address:… pic.twitter.com/HUVlrd1a0H

— Arkham (@arkham) October 14, 2025

Where did these bitcoins come from?

Attention was drawn to the fact that several wallet addresses linked to the $14 billion Bitcoin seizure were featured in a cybersecurity report two years ago that warned that their private keys were vulnerable.

At the time, a Milky Sad report identified these addresses as part of a larger network potentially vulnerable to brute-force attacks. The revelation that these same wallets are now under the control of the US government has fueled speculation that federal agencies may have exploited these vulnerabilities.

Related : Inactive Bitcoin Movement: 31,968 BTC Worth $3.7 Billion Moved After 3-5 Years

Blockchain researcher ZachXBT has suggested that the seized bitcoins may belong to more than just criminal organizations, as previously claimed. He traced links between a Cambodian criminal network accused of pork scamming and a defunct mining pool hacked in 2020. The same wallets, inactive for years, suddenly began transferring funds with the consent of government addresses, raising questions about how they were accessed.

What's most interesting is wallet addresses listed in the US government $14B (127K BTC) seizure previously were named in a Milky Sad report ~2 years ago for having vulnerable private keys and now the USG says they have custody of them. https://t.co/sHNwMXhLKH pic.twitter.com/icLWKU33kC

— ZachXBT (@zachxbt) October 14, 2025

Growing concerns about government savings

This broadcast also reignited discussions about the growing Bitcoin reserves in the US. The government currently holds billions of dollars in digital assets seized during various investigations, often auctioning them off or returning them to their rightful owners. However, analysts warn that if these assets were obtained through hacks or technical attacks, this could signal a strategic pivot.

If the government intends to create a “Strategic Cryptocurrency Reserve,” such unconventional methods could accelerate accumulation without market purchases. Furthermore, such actions could blur the line between legitimate seizure and direct intervention, creating ethical and regulatory concerns.

On the topic: Analysts react to the Bhutanese government's transfer of 419.5 BTC to a new wallet

Source: cryptonews.net