US Marshals Won't Meet Senator's Deadline to List Cryptoassets.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Leopold, Jason; Cormier, Anthony 3 of 3

Abstract

The US Marshals Service will not meet a deadline set by Senator Cynthia Lummis to disclose the number of Bitcoin assets it controls and its management plans. The agency is expected to provide an inventory of the different tranches of Bitcoin it holds in the coming weeks. The Bitcoin assets in question were seized during criminal investigations, including those from the Silk Road case, and have been auctioned off by the Marshals Service. Senator Lummis has proposed legislation for the US Treasury Department to acquire Bitcoin to create a national digital asset stockpile, with plans for public hearings on the matter. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/01, pN.PAG
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2025
  • Accession Number:182620108
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.