#BitcoinPolicyShift You could say where the arrested bitcoins of the American government, which Trump spoke about, come from.

In October 2013, the FBI seized 170,000 bitcoins from Silk Road founder Ross Ulbricht, but that was just a small part of his income. The authorities sought to find the rest of the 614,000 coins.

Another part of them was seized from Jimmy Jun. He found a bug in the Silk Road payment system and stole 40,000 coins.

A few days after Jimmy acquired the coins, the creator of Silk Road, Dread Pirate Roberts, contacted him. He did not demand the coins back or threaten him, but simply wanted to know how the theft was carried out. In gratitude for the explanations, he even sent Jimmy additional coins.

In total, the government received 51,680 bitcoins from Jimmy, valued at $3.4 billion at the time of seizure. Paradoxically, over nine years he spent only 1% of the coins, many of which were sold long before their value sharply increased.

It's simple, any government, not just America, will always look for people with a lot of cash in crypto. Why buy it if you can track people? And it can always be confiscated, at least by accusing them of tax evasion.

Jimmy's mistake was that he did not use a VPN. All his transactions were tracked in connection with his IP address. The FBI obtained the search history from the internet service provider, made a request to the exchange about transactions and sales, and the exchange confirmed account management from the same IP as the internet provider. The FBI got a complete picture of the transactions and evidence linking Jimmy's bitcoins to Silk Road, which provided grounds for Jimmy's arrest and the confiscation of his bitcoins.

It can now be assumed that America and all other countries will tax crypto, exchanges will gladly provide all the information about users and their funds. It will be sad if this happens during a bear market with empty pockets to pay taxes.