Deribit executives: The U.S. Department of Justice has become the leading asset management company in the cryptocurrency circle, with about $1.6 billion in crypto assets to deal with

According to TechFlow, Lin Chen, head of Asia-Pacific business at Deribit, said that the U.S. Department of Justice (DOJ) has signed a fund custody and processing contract with Coinbase worth US$32.25 million.

At a 2% cost per fund shipment, the DOJ has approximately $1.6 billion in crypto assets to deal with.

Chen humorously said that the Department of Justice has become a leading asset management company in the cryptocurrency circle, and revealed that the largest revenues of the Department of Justice this year came from the cryptocurrency field, and the internal team is also expanding on a large scale. The U.S. Department of Justice has become a core player and mainstay in the cryptocurrency circle.