News list for " police department"

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 ...

clock
2025-02-21 19:27:59
The U.S. Marshals Service failed to submit a timely report to Senator Lummis on the handling of the dark web Silk Road seizure of bitcoin

According to people familiar with the matter, the U.S. Marshals Service (USMS) failed to provide Senator Cynthia Lummis with detailed information about its handling of the dark web Silk Road case. Lummis sent a letter to the USMS last month expressing concern about the agency's plan to sell some 69,370 seized bitcoins, which are worth more than $6.60 billion at current market prices. She noted that this could result in financial losses for taxpayers and be linked to Trump...

clock
2025-02-03 01:41:15
The first high-level meeting between the Chinese Coast Guard and the Indonesian Coast Guard was held in Beijing.

The first high-level meeting between the Chinese Coast Guard and the Indonesian Coast Guard was held in Beijing.

clock
2025-01-11 02:04:45
Financial lawyer Scott Johnsson: US government may be selling bitcoin

Scott Johnsson, a financial lawyer, said on the X platform that the United States Marshals Service (USMS) is almost certainly selling Silk Road bitcoins. According to the service agreement signed between USMS and Coinbase in June, USMS has been sending bitcoins to the escrow address required by the agreement. Since the protocol requires that USMS's assets must remain completely segregated, once the transfer finally reaches Coinbase Prime (or another hybrid trading address), it can be determined ...

clock
2024-08-17 03:21:25
Los Angeles Police Department Investigates Theft of $579,000 Bitcoin ASIC Miner

According to the Los Angeles Police Department (LAPD), a 26-year-old man has been arrested and charged with stealing a $579,000 application-specific integrated circuit (ASIC) bitcoin mining machine. Local reports confirm that the man has been released from jail, and the LAPD says the investigation is ongoing.

clock
2024-07-03 00:05:56
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.