518 sanctioned bitcoin addresses now hold 9,306 BTC valued at $707 million, Alex Thorn notes

518 sanctioned bitcoin addresses now hold 9,306 BTC valued at $707 million, Alex Thorn notes
U.S. sanctioned bitcoin addresses hold $707m

A total of 518 bitcoin addresses have been officially sanctioned by the U.S. and are listed on OFAC’s Specially Designated Nationals (SDN) list, according to Alex Thorn. These addresses have cumulatively received 249,814 BTC and sent 239,708 BTC over the years.

Currently, the sanctioned addresses still hold a net total of 9,306 BTC, which is valued at approximately $707 million.

Alex Thorn has recently commented on other developments in digital assets and regulation. He highlighted controversy over war-related prediction markets on Polymarket. Thorn also reported on Grayscale’s filing for a spot HYPE ETF using a commodity-based trust structure. These prior reports reflect his ongoing coverage of both regulatory actions and new market products in the crypto sector.

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