Cynthia Lummis 'Deeply Concerned' After Report Points Toward $6 Million Bitcoin Sale By Justice Department — But Did It Really Happen?
20 Articles
20 Articles
U.S. Marshals Service Bitcoin Transfer Raises Questions Over Trump Executive Order Bitcoin News ETHNews
A reported Bitcoin transfer by the U.S. Marshals Service has sparked debate in Washington after appearing to conflict with President Trump’s directive on the handling of seized digital assets. At the center of the controversy is a 57.55 BTC transaction, valued at roughly $6.3 million at the time, which was reportedly moved by the U.S. Marshals Service on November 3, 2025. The Bitcoin had been seized from developers associated with Samourai Walle…
Senator Lummis Questions US Bitcoin Sale Despite Strategic Reserve Order
Cynthia Lummis, a long-time Bitcoin advocate, criticized federal authorities for selling confiscated BTC rather than holding it as part of a proposed Strategic Bitcoin Reserve. Lummis is a co-sponsor of the BITCOIN Act, which seeks to formally integrate Bitcoin into U.S. reserve policy. Key Takeaways A U.S. government sale of seized Bitcoin has triggered backlash from Senator Cynthia Lummis and other Bitcoin advocates. The liquidation appears …
Did the DOJ Really Dump $6M in Bitcoin Seized from Samourai Wallet Founders?
TLDR: The Department of Justice allegedly sold $6.3 million in BTC seized from Samourai Wallet, reportedly ignoring a presidential mandate. A direct transfer to Coinbase Prime suggests a discretionary liquidation that bypassed standard USMS custody protocols. Legal experts point out that this action contradicts the current administration’s policy of not selling seized digital assets. This Monday, a new scandal is shaking the foundations of Wash…
Bitcoin (BTC) Shock: 6M Sale Defies Federal Order
Bitcoin (BTC) connected to the Samourai Wallet case could have been sold even though a federal order was in place to prevent the sale. Purported sale adds to the uncertainty surrounding the adherence to the Executive Order 14233. Incident raises the question whether the United States’ battle against Bitcoin has really come to an end. The developers of the Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, forfeited $6.3 MM worth of Bit…
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