S. Targets Venezuela's $60B Crypto Reserves The U.S. is considering freezing and seizing Venezuela's crypto reserves following the arrest of Maduro, according to CNBC. The potential target is a hidden stash of up to 600,000 $BTC, worth about $60B, reportedly acquired from oil and gold sales and $USDT transactions to evade sanctions. If frozen, roughly 3% of all existing bitcoin could be removed from circulation for years. The news has already pushed the price of $BTC above $94K.