The U.S. Marshals Service holds approximately 28,988 Bitcoin (BTC) valued at $3.43 billion, according to official disclosures. This figure is significantly lower than prior industry estimates exceeding 200,000 BTC, sparking concerns about the management of seized cryptocurrency assets.
Political and crypto industry leaders have criticized the accelerated liquidation strategy, particularly after learning the U.S. government’s reserves are far smaller than expected. Senator Cynthia Lummis voiced alarm, stating the sell-offs risk depleting America’s strategic Bitcoin holdings at a critical juncture.
The disclosure has ignited debate over the government’s long-term approach to crypto asset management, with critics warning that uncoordinated sales could undermine U.S. competitiveness in the global digital currency landscape. Comparisons have been drawn to Bulgaria’s past bulk liquidation of seized Bitcoin, which generated market turbulence.
While some market observers view the reduced reserves as easing potential sell pressure, others contend the strategy jeopardizes America’s position against nations accumulating crypto reserves. The absence of a cohesive federal policy for managing such assets remains a focal point of industry apprehension.