US Marshals Hold $3.4B in Forfeited Bitcoin

The US Marshals Service confirms it holds nearly 29K Bitcoin worth $3.4B, according to a new FOIA request.

Isolde Verne July 17, 2025 - 8:00 AM

US Marshals Hold $3.4B in Forfeited Bitcoin

Bitcoin News

US Marshals hold 28,988 BTC worth $3.4B
Data revealed via FOIA request by The Rage
Raises questions on future government BTC auctions

Nearly 29K Bitcoin in US Government Hands

In a newly surfaced Freedom of Information Act (FOIA) request, it has been revealed that the US Marshals Service currently holds 28,988 Bitcoin, valued at approximately $3.4 billion at current prices. The disclosure, shared by investigative platform The Rage, shines a light on one of the largest government-controlled Bitcoin reserves globally.

These Bitcoin holdings were obtained through asset forfeitures linked to criminal investigations and seizures. Over the years, the US government has routinely confiscated crypto assets from illicit actors and auctioned them off—often at a fraction of today’s prices.

The Rage Sheds Light on Hidden Holdings

The Rage, known for digging into government records, obtained this data through a FOIA request—a legal channel that allows the public to access certain federal documents. The results reveal that, despite past auctions, the government continues to maintain a massive Bitcoin stockpile.

While the US Marshals haven’t publicly announced any upcoming sale, this disclosure is likely to spark speculation in the crypto community. Historically, government Bitcoin auctions have influenced short-term price moves and attracted institutional bidders such as Tim Draper, who famously acquired BTC from the Silk Road seizure.

🇺🇸 LATEST: The US Marshals Service discloses holding 28,988 of forfeited $BTC worth $3.4B based on the latest FOIA request from The Rage. pic.twitter.com/YFDy7nWxuE
— Cointelegraph (@Cointelegraph) July 17, 2025

What This Means for the Market

The presence of such a large Bitcoin reserve in government custody raises questions about potential future liquidations and their impact on the market. Some analysts believe that any sudden sell-off could put downward pressure on BTC prices, while others view it as a sign of Bitcoin’s legitimacy and growing integration with institutional frameworks.

Moreover, the government’s transparency—albeit forced through a FOIA request—highlights the importance of accountability in handling seized digital assets. With nearly $3.4 billion in Bitcoin sitting in federal hands, all eyes will be on how and when the US Marshals decide to act.

Read Also:

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.