Professionals: The U.S. government must follow strict procedures before selling $6.5 billion in BTC

ChainCatcher news, according to Blockworks, Aidan Larkin from the U.S. company Asset Reality, which helps the government manage seized assets, stated in response to questions about the U.S. government's Bitcoin that essentially, the recent court approval is a normal procedure for any civil forfeiture. Moreover, this does not mean that the U.S. will sell immediately; the sale must follow a very strict process.

"At some point in the future, it will go through the normal government procedures. There will be a civil forfeiture application hearing. They will get approval, and then it will enter the normal marshal process and public domain." Additionally, the possibility of these Bitcoins being funneled into a potential Bitcoin strategic reserve is also not very high, so don't hold out too much hope.