Marshals Service Hires Custody Firm to Safeguard Seized Bitcoin

An employee wearing a protective face mask inspects mining rigs mining the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan.

Late last year, Justice Department — which Marshals Service is a part of — seized nearly 70,000 Bitcoins valued at about $4 billion, based on current prices.

“We work hard every day to manage what we believe is the most secure environment for holding digital assets,” Pete Najarian, chief revenue officer at BitGo, said in an interview.

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