Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

Alleged sale of 57 BTC: possible violation of Trump’s executive order, but US Marshals deny

Newsroom by Newsroom
January 9, 2026
in Bitcoin
bitcoin
Share on FacebookShare on TwitterShare on Linkedin

The US Marshals have denied the alleged sale of confiscated bitcoins to the developers of Samourai Wallet.

According to a “Asset Liquidation Agreement” obtained by Bitcoin Magazine, the United States Department of Justice (DOJ) appears to have violated President Donald Trump’s executive order by selling approximately 57 bitcoins confiscated from Samourai Wallet developers through Coinbase Prime on November 3, 2025.

Executive Order 14233, signed on March 6, 2025, clearly states that all bitcoins acquired through criminal or civil asset forfeiture proceedings “shall not be sold” and must be transferred to the United States Strategic Bitcoin Reserve.

Bitcoin Magazine reports that prosecutors allegedly instructed the US Marshals Service to sell 57.55353033 BTC, valued at $6.37 million, which Samourai developers Keonne Rodriguez and William Lonergan Hill had deposited as part of their plea agreement.

The bitcoins were reportedly sent directly to the Coinbase Prime address 3Lz5ULL7nG7vv6nwc8kNnbjDmSnawKS3n8, which currently shows a zero balance.

Senator Cynthia Lummis criticized the move, stating that the United States “can’t afford to squander these strategic assets while other nations are accumulating bitcoin.”

However, after Bitcoin Magazine published the story, the US Marshals Service denied the sale, telling DL News that they “have not sold the bitcoin mentioned” and that they “have no idea how Bitcoin Magazine would get that information.” The agency added that cryptocurrency liquidations go through a multi-level approval process and that only assets meeting the requirements of Executive Order 14233 are eligible for disposal.

The decree signed last March by President Trump explicitly states that “government BTC deposited in the Strategic Bitcoin Reserve shall not be sold and are to be maintained as US reserve assets used to achieve government objectives in accordance with applicable law.”

Legal analysis indicates that the confiscated bitcoins fall under 18 U.S. Code § 982(a)(1), which governs property involved in unlicensed money transmission offenses. Neither this statute nor the incorporated § 853 requires the liquidation of forfeited assets.

The executive order allows the disposal of digital assets only in specific scenarios, such as returning funds to crime victims, law enforcement operations, sharing with state partners, or meeting specific statutory requirements—none of which apply to the Rodriguez and Hill cases.

Patrick Witt, Executive Director of the White House President’s Council on Digital Assets, stated on X that the council is reviewing the matter.

Previous Post

No exclusion for Bitcoin treasury companies from MSCI indices

Next Post

Rumble and Tether launch a non-custodial wallet to reward creators

Latest News

Strategy: Saylor valuta vendita di Bitcoin per pagare i dividendi
Bitcoin

Strategy: Saylor considers selling Bitcoin to pay dividends

by Newsroom
May 6, 2026
0

Michael Saylor has raised the possibility of selling part of the BTC reserves to meet $1.5 billion in annual obligations,...

Read moreDetails
CME: futures sulla volatilità di Bitcoin in arrivo il 1° giugno
Bitcoin

CME: Bitcoin volatility futures launching on June 1st

by Newsroom
May 6, 2026
0

The world's largest derivatives marketplace will launch contracts tracking Bitcoin's price swings, regardless of their direction.

Read moreDetails
USA: probabilità del CLARITY Act salgono al 68%
Bitcoin

USA: CLARITY Act odds rise to 68%

by Newsroom
May 6, 2026
0

The digital asset regulation bill advances in the Senate, but the political balance between parties remains the main risk factor.

Read moreDetails
Morgan Stanley: Bitcoin nei bilanci bancari USA arriverà, ma non ancora
Bitcoin

Morgan Stanley: Bitcoin on US bank balance sheets is coming, but not yet

by Newsroom
May 4, 2026
0

Amy Oldenburg, head of digital asset strategy at Morgan Stanley, outlines the regulatory barriers still separating American banks from holding...

Read moreDetails
Person using VPN on smartphone while watching smart TV at home.
Bitcoin

Russia: taxes on international traffic and surveillance to target 60 million VPN users

by Newsroom
May 4, 2026
0

Moscow plans prohibitive costs for foreign internet traffic and new licensing obligations to stifle VPN usage.

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.