U.S. Marshals Hiring Crypto Expert to Manage Massive Bitcoin, Bitcoin Cash, Ethereum and Litecoin Holdings

The U.S. Marshals service is expanding its search for an expert to help organize a wealth of crypto assets, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

The agency is now looking for a contractor who can help seize, maintain, store, sell and remove proceeds from illegal activities, recovered from criminals who turn to virtual assets because of the alleged anonymity and privacy of transactions.

The USMS also provides details on how much cryptocurrency it contains.

Here’s a look at a three-year average of its crypto portfolio, with over $ 65 million in Bitcoin and $ 9 million in Ethereum.

Source: United States Marshals Service

The agency wants a manager who can handle the intricacies of crypto asset management, such as creating wallets, managing blockchain forks, and transferring tokens.

“This includes, but is not limited to, activities such as accounting, customer management, audit compliance, managing blockchain forks, creating and managing portfolios, generating and storing private encryption keys, backing up and restoring private encryption key material. , airdrops, etc., as well as future actions related to the virtual currency forfeiture process. ”

The contract has a term of one year, but can be extended by another four years if necessary.

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