According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

April 19: Al Jazeera reports U.S. President Trump tried to project optimism, arguing ongoing negotiations still hold breakthrough potential. But his claim is facing growing scrutiny—especially after Iran said it has reclosed the Strait of Hormuz following a brief reopening. Sinan Azodi, Middle East Studies director at George Washington University, cast doubt on Trump’s remarks, warning the on-the-ground reality differs sharply. “I’m not sure I can buy what President Trump is claiming is true. He tends to make a lot of assertions that aren’t necessarily accurate.” “For example, when he said Iranians would give up their enriched uranium…they’ve 100% denied that,” Azodi noted. He added Iran’s move to reseal the strait is a response to the U.S.’s “dual blockade,” and Iranians see the Strait of Hormuz as their “biggest negotiating chip” against the U.S. (BlockBeats)

April 19th — Masoud Al-Masoud, an associate professor of government studies at Georgetown University’s Qatar campus, argues neither the U.S. nor Iran has hit a “political tipping point,” and the conflict could drag on for some time. Iran briefly reopened the Strait of Hormuz only to shut it again the next day. In response, Trump said Tehran can’t extort the U.S., while Iran’s Supreme Leader noted the Iranian Navy is prepared to inflict a “new painful defeat” on the enemy. Al-Masoud added that interest groups on both sides are wielding influence to push for their preferred outcomes: Iran’s Islamic Revolutionary Guard Corps (IRGC) aims to take a harder line against the U.S. in talks, and Trump is chasing a “beautiful, brilliant victory.” The current situation is volatile, with no sign of compromise on structural issues like nuclear activities and economic ramifications. Trump’s persistent optimism about striking a deal makes him seem “a bit weak,” but if no deal is struck, he ha

April 19th, Mehdi Tabatabaei, spokesperson for Iran’s Presidential Office, cited the reason for closing the Strait of Hormuz: “Iran allowed conditional passage through the strait to show goodwill and peaceful intentions. However, due to repeated U.S. betrayals and exploitation of this major concession for propaganda purposes, the strait has been blocked again.” (FXStreet)

**IRGC Navy Closes Strait of Hormuz Over U.S. Ceasefire, Blockade Disputes** Local time on the evening of April 18, the Iranian Islamic Revolutionary Guard Corps (IRGC) Navy announced it has closed the Strait of Hormuz effective that night. The move follows the IRGC’s accusation that the U.S. violated a ceasefire agreement and failed to lift blockades on Iranian ships and ports—stating the closure will remain in place until the U.S. removes the blockades. Iran issued a warning: All vessels in the Persian Gulf and Gulf of Oman are prohibited from leaving their anchorages. Any activity near the Strait of Hormuz will be deemed cooperation with the enemy, and violators will be targeted. The statement also advised all ships and their owners to obtain information exclusively through official IRGC Navy channels and relevant authorized sources. It added that “the U.S. President’s remarks on the Strait of Hormuz and Persian Gulf lack credibility.” (Source: FX168)

**April 19** Two U.S. officials told AXIOS that President Trump met Saturday morning in the White House Situation Room to discuss the Strait of Hormuz crisis and U.S.-Iran negotiations. Iran’s situation is at a critical juncture: a ceasefire is set to expire in three days, and the final date for the next round of U.S.-Iran talks remains unannounced. A senior U.S. official warned that without a short-term breakthrough, war could resume within days. Attendees at the Situation Room meeting included Vice President Pence, Secretary of State Pompeo, Secretary of Defense Esper, Treasury Secretary Mnuchin, White House Chief of Staff Meadows, White House Special Envoy Hook, CIA Director Ratcliffe, and Chairman of the Joint Chiefs of Staff Milley. A source with knowledge of the talks said the Strait of Hormuz crisis reemerged after progress was made narrowing gaps on Iran’s uranium enrichment and enriched uranium stockpile.

On Saturday, April 19, a senior Iranian official told CNN that Iran will prioritize vessels paying transit fees for the Strait of Hormuz. “Given the limited number of vessels permitted to transit, Iran has decided to prioritize those that can faster comply with the new Strait of Hormuz regulations and pay the security service fee,” the official stated. The official added that vessels failing to pay the fee will face delays. Earlier Saturday, Iran reimposed restrictions on vessels transiting the Strait of Hormuz, citing the U.S.’s “repeated betrayals” in the bilateral ceasefire. The official characterized the prioritization measure as part of Iran’s efforts to manage maritime traffic under the new order governing the strait.