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Financial Lawyer Scott Johnsson: The U.S. Government May Be Selling Bitcoin

Bitget2024/08/17 03:29

Financial lawyer Scott Johnsson stated on the X platform that the U.S. Marshals Service (USMS) is almost certainly selling Bitcoin from Silk Road. According to a service agreement signed by USMS and Coinbase in June, USMS has been sending Bitcoin to the custodial address required by the agreement. Given that the agreement requires USMS's assets to be completely isolated, once transferred finally arrives at Coinbase Prime (or other mixed trading addresses), it can be confirmed that USMS has sold or is about to sell these Bitcoins. The final sale situation will be confirmed at latest in the report of Department of Justice Asset Forfeiture Program for fiscal year 2024.

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