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The U.S. Marshals Service cannot confirm how many bitcoins it holds, or affect the U.S. crypto reserve program

According to people familiar with the matter, the US Marshals Service (USMS) is unable to confirm the amount of bitcoin it currently holds, or even give a rough estimate. This management flaw could affect the US government's plan to build a crypto reserve, proposed by White House crypto director David Sacks, which could change the way the government handles seized crypto assets and could even involve the purchase of cryptocurrencies. At present, the USMS still relies on Excel records and manual ...

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2025-02-21 19:27:59
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