Operation Blackout Seizes More than US$15 Billion in Cryptocurrency, Sparking Discussion about XRP and U.S. Digital Asset Reserves
The FBI's Operation Blackout seized more than US$15 billion worth of cryptocurrency, prompting digital asset investors to raise a specific question: the possibility of XRP being involved and whether it will be included in the U.S. digital asset reserve. In a video attached to the latest tweet, the crypto commentator asked if XRP was one of the seized assets and whether any seized XRP would eventually be transferred to government reserves.
Links Operation Black Screen to XRP
Digital asset investors cited FBI Director Kash Patel's remarks about Operation Black Screen. This is a 16-month special operation against international fraud centers. Patel said authorities have seized more than $15 billion in cryptocurrency and recovered funds related to major criminal activities. During the operation, the FBI worked in conjunction with international partners, which also carried out arrests and rescued several victims of human trafficking.
In the video, digital asset investors asked whether some of the cryptocurrencies seized in this operation were XRP. He further raised the possibility that XRP recovered through legal procedures could eventually become part of the U.S. digital asset reserve. However, there has been no public confirmation that XRP was indeed one of the assets seized in this operation. Patel's comments specifically pointed to approximately $15 billion in cryptocurrencies associated with Operation Zephyr Exodus, including 127,000 bitcoins, which accounted for the vast majority of the reported value.
Links to U.S. digital asset reserves
Questions from digital asset investors are related to the way U.S. digital asset reserves are established. According to an executive order issued by President Donald Trump in March 2025, the reserve consists of non-Bitcoin digital assets that are ultimately confiscated through criminal or civil asset forfeiture procedures. The order directs the Treasury to manage the reserve and develop strategies for the responsible custody of these assets.
This creates a potential link between cryptocurrency seizures and reserves. If authorities seize XRP in accordance with the law in qualifying criminal or civil proceedings, the asset may fall within the framework established by the digital asset reserve. But this does not mean that all cryptocurrencies seized by the government will automatically enter reserves. In addition, Patel also said that authorities are working with the Justice Department to return the recovered money to the fraudsters. Therefore, this process may affect the final disposal of seized assets.
The concept of "privateering license" enters discussion
The digital asset investor also mentioned the constitutional concept of "letters of marque and retaliation", although he seemed uncertain in the video about the exact use of the term. The term refers to a historically granted power by Congress to allow private entities to seize enemy property.
Recently, this concept has emerged in discussions of using private actors to fight cybercriminals. In July 2026, Congress introduced legislation called the Cyberprivateer Licensing and Retaliation Orders Act, which authorized the president to issue such licenses for certain cyber operations. The proposed legislation is not current law and does not establish a mechanism to channel seized XRPs to digital asset reserves.
Currently, digital asset investors 'questions about XRP are still speculative. The confirmed fact is that "Operation Black Screen" involves more than $15 billion in cryptocurrency seizures, and the U.S. digital asset reserve can hold eligible confiscated digital assets. Whether any XRPs have been seized and whether such XRPs will eventually enter reserves has not been publicly confirmed.

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