#us government

Cryptocurrency magnates are tapping into their vast resources to sway the upcoming US government towards a more crypto-friendly direction.

According to a recent study by 21.co, the US government holds more than 194,000 BTC, valued at over $5 billion, making it one of the largest Bitcoin owners.

CZ has opposed the US government’s efforts to block his return to the UAE to be with his family while awaiting sentencing following his guilty plea.

In a recent courtroom confession, Ryan has agreed to pay a $6 million fine to the US government, reimburse FTX creditors with $5 million, and forfeit two Massachusetts properties along with his Porsche. The former FTX executive admitted to illicit campaign financing and running an unlicensed money transfer business. “I made $10 million in political contributions and called them loans, which I never intended to repay,” said Salame. He could face up to 10 years in federal prison.