US Treasury Archives

White House’s David Sacks Hints at Budget-Neutral Path for U.S. Bitcoin Purchases

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White House AI and crypto czar David Sacks has floated the possibility of the U.S. government acquiring Bitcoin without a tax or increasing federal spending,or adding to the national debt. The suggestion came during a public panel discussion at the Bitcoin 2025 conference in Las Vegas on May 27, where Sacks noted that Washington may […]

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U.S. Treasury Crackdown Exposes Karen National Army’s .5B ‘Pig-Butchering’ Crypto Scam Empire

U.S. Treasury Crackdown Exposes Karen National Army’s $3.5B ‘Pig-Butchering’ Crypto Scam Empire

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Key Takeaways: The U.S. Treasury sanctioned Burma’s Karen National Army and its leaders for allegedly running crypto scam syndicates and human trafficking networks that generated billions in victim losses. The KNA’s territory became a hub for “pig butchering” scams, where trafficked people were forced to defraud victims online. These sanctions mark a major escalation in

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Bo Hines Declares US “Bitcoin Superpower” as Trump’s BTC Reserve Takes Shape

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Bo Hines, the Executive Director for the President’s Council of Advisers on Digital Assets, believes the U.S. is positioned to become the “Bitcoin superpower” of the world, according to an April 29 interview with Bitcoin Magazine. Bo Hines Talks Crypto Policy In New Interview “I feel like we’re well on our way and have positioned

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