Atkins Says SEC Isn’t Leading the Bitcoin Seizure Question

[cryptobro]

In his interview, Atkins made clear that potential action on Venezuela’s alleged Bitcoin wouldn’t come from the Securities and Exchange Commission itself. He stated that any move to take control of crypto assets would be handled by other branches of the government, not the SEC, which is primarily focused on investor protection and financial market regulation.

This distinction matters because it underscores how interagency responsibility can affect high-profile crypto decisions. In other words, even if U.S. authorities had access to Venezuela’s Bitcoin, the path toward any seizure or repurposing would involve departments like the Department of Justice and Treasury—not the SEC.

[cryptoenthusiast]

classic case of everyone yelling at the sec when it’s not even their problem