NEWS: U.S. BITCOIN CUSTODY UNDER FIRE\n\nDavid Bailey claims the son of the CEO at the firm hired by U.S. Marshals to safeguard government Bitcoin allegedly stole $40M.\nHe warns the U.S. Treasury should immediately secure the private keys from the Department of Justice, raising serious questions around custody risk, internal controls, and how state-held Bitcoin is protected.\n\nIf true, this could become a major stress test for government crypto custody standards — and a wake-up call for how sovereign Bitcoin is managed. \n\n#Bitcoin #CryptoNews #CryptoSecurity
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NEWS: U.S. BITCOIN CUSTODY UNDER FIRE\n\nDavid Bailey claims the son of the CEO at the firm hired by U.S. Marshals to safeguard government Bitcoin allegedly stole $40M.\nHe warns the U.S. Treasury should immediately secure the private keys from the Department of Justice, raising serious questions around custody risk, internal controls, and how state-held Bitcoin is protected.\n\nIf true, this could become a major stress test for government crypto custody standards — and a wake-up call for how sovereign Bitcoin is managed. \n\n#Bitcoin #CryptoNews #CryptoSecurity