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The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply

The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s SupplyUnited States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin […]

Trump taps pro-Bitcoin Scott Bessent as Treasury secretary

Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service

Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals ServiceThe U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday. USMS Pens a Deal With Bitgo During the last […]

Trump taps pro-Bitcoin Scott Bessent as Treasury secretary