"WSJ Reveals: U.S. Government's $5B Bitcoin Holdings Explained"
TL;DR Summary
The U.S. federal government reportedly holds $5 billion worth of Bitcoin, accumulated through crackdowns on cybercrime and darknet activities. Operations such as the Bitfinex cyber attack and the shutdown of Silk Road have contributed to the government's vast cryptocurrency fortune. After a lengthy legal process, the U.S. Marshals Service is responsible for liquidating these assets, often through auctions.
- US Government Holds $5B in Bitcoin: WSJ U.Today
- Why the U.S. Government Has $5 Billion in Bitcoin The Wall Street Journal
- View Full Coverage on Google News
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