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All of the bitcoin held by the U.S. government has come under scrutiny after allegations surfaced that tens of millions of dollars in seized crypto were stolen through insider access at a federal custody contractor.
Blockchain investigator ZachXBT alleged over the weekend that more than $40 million in digital assets was siphoned from wallets linked to the U.S. Marshals Service (USMS), reportedly by the son of an executive at a firm contracted to manage seized crypto.
The alleged theft centers on Command Services & Support (CMDSS), a Virginia-based technology firm awarded a USMS contract in October 2024 to manage and dispose of certain categories of seized digital…
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