FOIA reveals US Marshals sitting on at least $1.6B in BTC
The US Marshal’s Service holds at least $1.6 billion in bitcoin (BTC), according to documents obtained via a freedom of information request filed by pseudonymous journalist L0la L33tz. The Rage reporter first shared her findings on X and has since revealed to Protos the full BTC holdings of the agency’s forfeiture department. Various aspects of the holdings have been redacted from the report, including the case number, custody receipt and date, asset ID, and the amount of the BTC in question. However, the document does include an unredacted number, which may imply that the agency holds approximately 28,988 BTC. This would mean that the agency is valuing the coins it holds at an average price of $56,000, and suggests the total stash may actually be worth approximately $3.4 billion . USMS holdings Read more: Trump’s Strategic Bitcoin Reserve audit is now five days overdue Blockchain intelligence services like Arkham claim the US government holds over 198...