President Trump's executive order to revamp the U.S. crypto landscape has sparked discussions about the government's handling of seized funds. An FTX creditor has urged the government to return funds seized from alleged hackers who exploited the FTX platform. The creditor pointed to a legal document accusing three individuals of stealing $400 million from FTX. The value of the stolen assets has now reportedly surged to approximately $1.5 billion. Galaxy Research's Head of Research, Alex Thorn, believes that the "stockpile" narrative in Trump's executive order refers to what the government already has in its holdings, which includes over 198,000 Bitcoin. Some speculate that Bitcoin may be the cornerstone of the proposed reserve, while others argue for a more inclusive approach with other cryptocurrencies. The crypto community is divided on the matter.



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