- Sen. Lummis has doubts about Bitcoin liquidation regardless of the President’s preservation order.
- USMS bought $6.3 million price of Bitcoin in Samurai plea deal by means of Coinbase Prime tackle.
- Government Order 14233 mandates that confiscated Bitcoin be held in a strategic reserve.
Senator Cynthia Lummis expressed concern that U.S. authorities companies proceed to liquidate Bitcoin regardless of the President’s directives to protect Bitcoin property. The senator questioned why authorities companies would promote Bitcoin regardless of President Trump’s clear orders to maintain the confiscated cryptocurrencies within the Strategic Bitcoin Reserve.
The US Marshals Service (USMS) seems to have bought $6.3 million price of Bitcoin that Samurai Pockets builders Keon Rodriguez and William Lonergan Hill paid as a part of their plea offers, in line with a report. This motion may violate Government Order 14233, which requires Bitcoin acquired by means of legal or civil asset forfeiture proceedings to be saved as a part of the Strategic Bitcoin Reserve.
Asset liquidation paperwork reveal Coinbase switch
Pursuant to the Asset Liquidation Settlement, Defendant agreed to switch 57.55353,033 Bitcoins valued at $6,367,139.69 to USSMS.
This Bitcoin was despatched on November 3, 2025 from tackle bc1q4pntkz06z7xxvdcers09cyjqz5gf8ut4pua22r. Data present the funds bypassed direct USMS custody and have been as an alternative despatched to Coinbase Prime tackle 3Lz5ULL7nG7vv6nwc8kNnbjDmSnawKS3n8. Arkham Intel believes this tackle is from an middleman platform.
This Coinbase Prime tackle at the moment has a zero steadiness, suggesting that the Bitcoin has already been bought. If confirmed, this sale would immediately contradict Government Order 14233, which states that Bitcoin acquired by the federal government by means of legal forfeiture “shall not be bought” and ought to be contributed to the Strategic Bitcoin Reserve.
Southern District Regulation Regardless of Federal Steering
The Southern District of New York (SDNY) was in command of prosecuting Samurai. If SDNY officers approve the sale, it might be yet one more instance of the district appearing opposite to federal directives. USMS bought Bitcoin at its personal discretion, moderately than following authorized orders from the manager department.
This sample of selections means that some Justice Division members nonetheless view Bitcoin as an asset that requires quick liquidation moderately than a strategic holding. Samurai’s prosecution started underneath the earlier administration, which maintained a hostile stance towards non-custodial cryptocurrency instruments and their builders.
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