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The US Marshals Service holds just 28,988 Bitcoin—far less than the 200,000 BTC widely believed. A FOIA request reveals a $20B discrepancy, sparking speculation about undisclosed sales or transfers.
- The US government's confirmed Bitcoin holdings are 86% lower than blockchain estimates, totaling just 28,988 BTC (~$3.4B) versus 200,000 BTC ($23.5B).
- Experts suggest custodial off-chain transactions (e.g., via Coinbase) may hide government sales, rendering traditional blockchain tracking ineffective.
- Seized Bitcoin (e.g., from Bitfinex) isn’t legally forfeited yet—many coins remain victims’ property and won’t enter US reserves.
📎 Related coverage from: cryptoslate.com