The Freedom of Information Act does not require agencies to answer to fishing expeditions, IRS tells The Rage.

Earlier this year, we filed a request with the Department of the Treasury under the Freedom of Information Act (FOIA) to disclose the amount of bitcoin held by the US Treasury, distinguished by bitcoin seized and bitcoin forfeited.

The request was made in light of our previous reporting that revealed that the US Marshal Service – the agency which manages the US Government's forfeiture program – holds less than 30,000 BTC; far off from the over 200,000 BTC advertised to be owned by the US Government as alleged by President Trump, among others.

Our reporting on the US Marshal Service's bitcoin holdings caused both confusion and outrage, that went as far as garnering responses from Senator Lummis of Wyoming, who speculated that the Government may have secretly sold its bitcoin stash.

...read more at therage.co