The U.S. government is preparing to add around 127,271 bitcoin, valued at roughly $14.2 billion, into what it now calls a Strategic Bitcoin Reserve. During a joint operation with UK authorities, these coins were confiscated in connection with a massive crypto fraud operation led by Chen Zhi, a Chinese national tied to the Cambodia-based Prince..The post U.S. Set to Lock In $14 Billion in Bitcoin as Part of Strategic Reserve appeared first on 99Bitcoins.