U.S. Marshals switch to Anchorage for crypto asset custody

In what appears to be change of heart, the U.S. Marshals Service (USMS), a part of the Department of Justice, is using Anchorage Digital for the custody of seized digital assets. Anchorage Digital said that it will also provide “accounting, customer management, audit compliance, managing blockchain forks, wallet creation, transformation of token assets into coin assets, etc., as well as future actions associated with the virtual currency forfeiture process”. Earlier this year, it was announced that USMS had appointed BitGo, a crypto custodian, to manage its digital assets.

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