The honest 2026 answer: seized, stored — and sometimes sold.
Every coin seized, none bought. Marshals auctions ended in 2025 — now a Strategic Bitcoin Reserve, custodied at Coinbase Prime.
Seized from the PlusToken Ponzi in 2020. Official word since: "transferred to the national treasury." Nobody outside Beijing knows more.
Seized from a London money-laundering laptop in 2018. In October 2026 a court ruled Chinese law decides who owns it — still undecided.
The only government that chose Bitcoin: 1 BTC bought every day, every purchase public on-chain for anyone to audit.
Seized from a piracy site, sold in 23 days in 2024 for €2.64B. Now a judge wants to hand Saxony 57,000 MORE.
Police evidence vaults, multisig wallets, institutional cold custody. And one rule: a transfer to a custodian is NOT a sale.
Seizure stories, auction history, the custody reality and what it means for your coins — all in the free guide.
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