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U.S. Government Struggles to Manage Bitcoin: Billions of Crypto at Risk of Being Lost?The U.S. government is struggling to track and manage the amount of Bitcoin it holds. The primary law enforcement agency responsible, the U.S. Marshals Service (USMS), cannot accurately confirm the amount of BTC on hand, raising public concerns about the government's ability to oversee digital assets. Not Knowing How Much Bitcoin Is Being Held Senator Cynthia Lummis has repeatedly called for #USMS accurate figures on the amount of Bitcoin the U.S. government holds. However, USMS admits it does not have a specific number. This is not only an administrative issue but also exposes serious management gaps.

U.S. Government Struggles to Manage Bitcoin: Billions of Crypto at Risk of Being Lost?

The U.S. government is struggling to track and manage the amount of Bitcoin it holds. The primary law enforcement agency responsible, the U.S. Marshals Service (USMS), cannot accurately confirm the amount of BTC on hand, raising public concerns about the government's ability to oversee digital assets.
Not Knowing How Much Bitcoin Is Being Held
Senator Cynthia Lummis has repeatedly called for #USMS accurate figures on the amount of Bitcoin the U.S. government holds. However, USMS admits it does not have a specific number. This is not only an administrative issue but also exposes serious management gaps.
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