The US Marshals Service (USMS) is struggling to determine the amount of cryptocurrency it currently holds, including the billions of dollars worth of bitcoin seized from Silk Road in 2013, according to a source familiar with the matter. The US government is considering establishing a national crypto reserve, which would require the agency to manage and hold seized cryptocurrencies. However, the USMS lacks the necessary understanding of digital assets to adequately perform this role and has previously mishandled its crypto holdings. The agency has also faced challenges in awarding contracts for the management of its cryptocurrency assets.



Other News from Today