The United States Marshals Service (USMS) officially announced ownership of 28,988 , equivalent to approximately $3.45 billion at current rates. This statement shed light on the actual volume of cryptocurrency reserves held by the U.S. government, debunking previous estimates that reached 200,000 BTC. This information became available through a Freedom of Information Act (FOIA) request submitted by an independent journalist. These Bitcoins were confiscated as part of judicial investigations, particularly cases related to darknet platforms.
Contrary to popular belief, the majority of previously attributed government assets are under arrest but have not yet been transferred to state ownership. The USMS regularly conducts auctions to liquidate such assets, which may affect the market price of Bitcoin. Recent data has sparked discussions among experts and the crypto community, as the difference between estimates and facts is significant.
Experts suggest that the sale of these 28,988 BTC could stabilize the market or cause short-term volatility. Investors are advised to closely monitor USMS's further actions. This news underscores the importance of transparency in managing public crypto assets.
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