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The Feds’ Record-Breaking Bitcoin Forfeiture Is the First Step in a Dangerous New Separation of Powers

Summary by Free the People
On Tuesday, October 14 2025, the Feds made their largest civil asset forfeiture in history: seizing $15 billion dollars in cryptocurrency from a Cambodian “pig butchering” scheme. Expect this sort of seizure to become more and more common as crypto enters the mainstream. The GENIUS Act (regulating stablecoins) already passed, and the CLARITY Act (regulating cryptocurrency more broadly) waits in the wings. Now with the establishment of the United…
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Free the People broke the news in on Wednesday, November 12, 2025.
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