Marshals Hire Custodian To Handle Massive Trove of Seized Crypto Holdings. The U.
31 Jul 2021, 08:00
U.S. Marshals Hire Custodian To Handle Massive Trove of Seized Crypto Holdings
The U.S. Marshals Service (USMS) is hiring crypto custody firm Anchorage Digital to handle a trove of seized cryptocurrencies including Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
The USMS is a law enforcement agency of the U.S. Department of Justice and a key part of the department’s Asset Forfeiture Program. The USMS’s Asset Forfeiture Division seeks to “enhance public safety and security” by cracking down on organized crime operations and removing financial incentives for committing federal crimes.