DOJ Selects Coinbase to Handle Forfeited Crypto Assets in 5-Year Deal

The US Marshals Service (USMS), a division of the Department of Justice, has selected Coinbase (NASDAQ: COIN) Prime to manage and dispose of its large-cap cryptocurrency assets. This decision follows a competitive bidding process initiated earlier this year. The contract, valued at $32.5 million according to the official award notice, tasks Coinbase Prime with handling … Continue reading DOJ Selects Coinbase to Handle Forfeited Crypto Assets in 5-Year Deal