Looking For Government, Commercial Liaison Office In Dubai? View All [10+] Verified Local Business Listing On Government, Commercial Liaison Office At Dcciinfo.ae Call Us For More Information.
Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday.
USMS Pens a Deal With Bitgo
During the last ten years, the U.S. government has seized a substantial amount of bitcoin (BTC) and other digital assets from criminal forfeiture cases. Traditionally, the U.S. Marshals Service (USMS) has been in charge of these funds stemming from high-profile cases like the Silk Road marketplace investigation.
Since 2019, the USMS has been in search of a recruit or a custodian that can manage the crypto assets seized by the U.S. government. The government entity published another offering on April 24, 2020, for a contract worth $4.5 million.
“The United States Marshals Service (USMS) has a requirement for storage, maintenance, and disposal of seized/forfeited virtual currency,” the USMC’s original solicitation notes. “The purpose of this contract is to provide the full range of virtual currency management and disposal services. This includes but is not limited to such activities as accounting, customer management, audit compliance, managing blockchain forks, wallet creation and management, private encryption key generation and safekeeping, backup and recovery of private encryption key material, airdrops, etc., as well as future actions associated with the virtual currency forfeiture process.”
Over $4.5 Million for Managing Crypto Seized in Criminal Forfeiture
On April 21, 2021, the contract was awarded to Bitgo, the digital asset trust company and security company, headquartered in Palo Alto. The length of the contract has not been disclosed in the contract filings. Prior to Bitgo’s partnership with the law enforcement agency, the USMC, FBI, and Department of Justice handled storage and auctions.
Just recently, the department revealed it had seized over $1 billion in bitcoin from the Silk Road marketplace. The criminal forfeiture stemmed from a person dubbed “Individual X” and it is assumed that the person may be one of the rogue agents who got caught stealing bitcoin during the investigation.
The company founded by Mike Belshe and Ben Davenport in 2013 has grown a great deal since Bitgo’s inception. The firm already manages billions of dollars worth of crypto assets and is the custodian for the Wrapped Bitcoin (WBTC) project as well. The BTC held in custody for the WBTC project is approximately 156,087 BTC according to Dune Analytics stats.
The deal with the USMS may see Bitgo dealing with a significant sum of cryptocurrencies from ill-gotten gains going forward. The Palo Alto company will get $4,549,672 for dealing with the U.S. government law enforcement agency and meeting the contract requirements.
What do you think about the United States Marshals Service contracting Bitgo to manage crypto assets for the government entity? Let us know what you think about this subject in the comments section below.
New Post has been published on https://motleybloggers.com/bitgo-chosen-to-manage-seized-cryptocurrencies-for-the-us-marshals-service/
Indians, listen up:
I'm not normally very political. I mean, I mostly detest Indian politics, because they mostly seem to talk nonsense, and work for the development of their own families.
But this time I'll say it: The Modi government fucking sucks.
For those who immediately rise to his defence, saying, "He only wants to protect the interests of the Hindus who have been getting massacred!"
I ask you, what happened at the Gujarat riots? What did he do?
He fucking let the Muslims get massacred, that's what he did.
I am a Hindu, and I have no qualms against saying it. I believe in the rituals of my gods, and there's no force in this world which can take it away from me.
Did the Hindus unanimously appoint Modi as the protector of their religion?
He politicised Jai Shri Ram. He made it his warcry, of sorts. He defiled the purity of it, to such an extent that most people are now feeling angry when they listen to the cry.
His Citizenship Amendment Act- They are indians, and they have been Indians for long. Who gave Modi the right to take that away from him?
For Prime minister he may be, but Mr Modi must remember he is an Indian too, and in India, as per our constitution, all indians are equal.
No higher, no lower.
Let's talk about the farmer protests now.
Thousands of people have been out on the streets, asking for the government to take it back. The Modi government is utterly fascist, and autocratic.
Oh, let's face it. India slipped on the Happiness and the Democratic Global Index since he's come to power.
Now, we'll talk about the Covid 19 situation.
When thousands are dying, when pyres still spew smoke in the streets, when mothers and fathers and siblings and spouses and children cry out for their beloved ones- what do they do?
They run around campaigning for their fucking elections.
19th Century Cathedral in Bulgaria’s Danube City of Vidin Gets Restoration Funding from Government
The Cathedral in the Danube city of Vidin, which was built at the end of the 19th century, has been in need of repairs since at least 2012, with manu of its murals in a bad condition. Photo: Wikipedia Bulgaria’s outgoing Cabinet has allocated nearly BGN 1 million (app. EUR 500,000) in funding for the conservation and restoration of the St. Great-Martyr Demetrius of Thessaloniki Cathedral in the…
View On WordPress
Have you heard about the new Coronavirus Restart Grant?
You haven't? Gosh, have you been living under a rock? Isn't it just as well I'm here to tell you all about them!
The trusty Government has decided that if your non-essential business has been affected by COVID-19 (well, duh! Who's hasn't?!) then they want to help you get back up on your feet. Handy - I know.
They are handing out up to £6,000 for non-essential retail and up to £18,000 to the hospitality, accommodation, leisure, personal care and gym sectors.
What is the Coronavirus Restart Grant scheme?
The Restart Grant scheme supports businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors with a one-off grant, to reopen safely as COVID-19 restrictions are lifted.
The Restart Grant scheme supports businesses that rely on delivering in-person services for the general idiots...sorry, public 👀
How do I get the Coronavirus Restart Grant Scheme?
So, according to the Government website, you are eligible if your business is based in England, you are rate-paying, you were trading on 1st April 2021 and you are in non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors.
You cannot get the funding (boo!) if your business is in administration, insolvent or has been struck off the Companies House register (tut tut) or if you have exceeded the permitted subsidy allowance (I hope you know what that is because I don't).
The important question...How much can I get on the Coronavirus Restart Grant Scheme?
If you are eligible, you will be paid a one-off grant of up to £6,000 if you are in the non-essential retail sector. If eligible, you will be paid a one-off grant of up to £18,000 if you are in the hospitality, accommodation, leisure, personal care and gym sectors.
And now to answer the question you are all thinking...Why are we talking about this?
Well, funny you should ask! Yes, we are a flooring company and should have no business talking about Government grants...however, here at DCTUK, we pride ourselves on being super helpful people (not to blow our own trumpets or anything).
These Restart grants offer the perfect opportunity to invest in your business and give it that love and attention it's been craving for the last 12 months. You want to keep it affordable - we get that - luckily for you we don't call ourselves the home of affordable design for nothing. Our promise to you is high quality luxurious products at a budget friendly price, you don't need to blow the whole grant on flooring just to achieve something great.
Besides, don't trust what we have to say, head over to the Government website to find all the above information in a much more miserable and boring fashion. We look forward to welcoming you back to our wonderfully bright, colourful and easy to understand website when you realise that we are talking perfect sense.
Maybe I should just take Sharon Carter away from the mcu's hands and I might finally have some peace
Sharon Carter my one true love.
The three candidates in the fray to the three Rajya Sabha seats that fell vacant from Kerala were declared elected by Assembly Secretary S.V. ... source https://www.google.com/url?rct=j&sa=t&url=https://www.dtnext.in/News/National/2021/04/23192123/1289641/Abdul-Wahab-Brittas-and-Sivadasan-elected-to-RS-from-.vpf&ct=ga&cd=CAIyHjcyNjFkMmU3YjYxMmMwODQ6Y28uaW46ZW46SU46Ug&usg=AFQjCNHWSlzcDDXRubH4Oi17y7blyfJgHw
okay as much as i like gore and stuff i hate hate hate capital punishment everything about it is so fucked
हरियाणा में छह बजते ही दुकानें बंद कराने पहुँची पुलिस, किसी ने विरोध किया तो किसी ने किया समर्थन
DHN Press, Hisar कोरोना संक्रमण के फैलाव को रोकने के लिए हरियाणा सरकार द्वारा शुक्रवार शाम छह बजे से गैर जरूरी सामान की दुकानें बंद करवाने के आदेशों का पालन हिसार में दिखाई दिया। शाम छह बजते ही पुलिस ने बाजारों में मुनादी शुरू करवा दी तो दुकानें बंद करने के लिए कहा। इस पर ज्यादातर दुकानदारों ने समर्थन किया तो वहीं कुछ दुकानदारों ने विरोध भी किया। मगर सात बजते बजते दुकानें लगभग बंद करवा दी…
View On WordPress
so disappointed with sharon for turning on the us government and planing to destroy it 😢😔😩 she should’ve called me to do it with her
Why Orthopedic Surgery for Elderly Indicates that the Maryland Total Cost of Care Model should be Universally Adopted | Abstract
View On WordPress
Mamata Banerjee attacks central government said Bengal Oxygen diverting to UP
In the second wave of corona virus, there is a shortage of oxygen in hospitals in many states. Due to this, there is a situation like chaos all over the country. West Bengal Chief Minister Mamata Banerjee on Friday attacked the central government on the issue of oxygen. Mamta has alleged that the Central Government of Bengal’s quota is sending oxygen to Uttar Pradesh. Addressing reporters in…
View On WordPress
Unpopular opinion but. The scene w isaiah in the museum and the statue was not the heartwrenching moment of justice people are calling it. Idk maybe if they had, you know, held the people or the systems who hurt him accountable instead of just putting up a pretty statue it would have been different but as it stands this was the most superficial acknowledgement of his struggle they could have gone for.