The video discusses whether the government knows the serial numbers of privately owned firearms. It explains that while the NICS system records background checks, it doesn't create a comprehensive registry of gun owners and their specific firearms. The ATF primarily accesses serial number information through a 'reverse trace' process, typically initiated when a firearm is recovered after a crime. This process involves tracing the gun's history from manufacturer to distributor, to dealer, and finally to the purchaser, relying on FFL records which are only collected by the ATF if the FFL goes out of business.
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