The US government does not have a large cryptocurrency stock market.

For years, the US government has confiscated and sold cryptocurrencies. As this process has accelerated, we are enlisting the help of private companies to manage the storage and sale of our tokens. According to Jarod Koopman, director of the IRS's cybercrime division, the US government has received a cryptocurrency record in recent years. Koopman previously said, “We seized around $ 700,000 worth of cryptocurrency in 2019. By 2020 that number will reach $ 137 million. By August 2021, our revenues will reach $ 1.2 billion.

Photo source: RT

Experts predict that the U.S. government cryptocurrency bank will grow further when cybercrime increases. The United States Police Department is a major auctioning agency for government crypto assets, and to date more than 185,000 Bitcoins worth around $ 8.6 billion have been seized. and put up for auction. .

The proceeds from the sale of cryptocurrencies are usually deposited in the Forfeiture Fund of the Ministry of Finance or the Asset Forfeiture Fund of the Ministry of Justice. After being deposited in one of these two currencies, cryptocurrency income can be used for a variety of purposes.

According to Koopman, cryptocurrencies are tracked and seized by his team, representing around 60-70% of non-monetary banks, making them the largest donor. An expert from the US Department of Justice said he was "very confident" that there was no meaningful data on cryptocurrency insurance.