Investigative journalism reveals US Marshals hold only 29K Bitcoin, not 200K as widely believed. We explore the difference between seized vs forfeited assets and why government Bitcoin tracking is so confusing.
Charlie and Colin dive deep into investigative journalism that reveals the US government's Bitcoin holdings are far more complex than anyone realized. After a $10K bounty led to a FOIA request, we discovered the US Marshals Service holds just 29,000 Bitcoin - not the 200,000 widely reported. We explore seized vs forfeited assets, government custody practices, and why Senator Lummis got it wrong.
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**Notes:**
• US Marshals hold 29,000 Bitcoin worth $3.4B
• Arkham shows 198,000 Bitcoin for US government
• US sold 195,000 Bitcoin for $366.5M total
• Bitfinex hack involved 94,000 seized Bitcoin
• Government peak holdings: 237K Bitcoin (2022)
• $10K bounty offered for Marshal data
Timestamps:
00:00 Start
00:47 Lola investigates
05:27 29k BTC
11:03 Politicians enter the chat
17:47 Government custody providers
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