PANews
PANews|Jan 17, 2026 00:33
[White House Chief Cryptocurrency Advisor: Bitcoin Seized in the Samourai Case Has Not Been Sold] According to The Block, earlier this month it was reported that the U.S. Marshals Service had sold over $6 million worth of Bitcoin paid to the Department of Justice by Samourai Wallet developers Rodriguez and Hill as part of a plea agreement. Patrick Witt, Executive Director of the White House Digital Assets Advisory Board, stated that confirmation has been received from the Department of Justice that, under Executive Order No. 14233, the digital assets seized from Samourai Wallet have not been liquidated and will not be liquidated. They will remain on the U.S. government's balance sheet as part of strategic commercial rules. The executive order stipulates that Bitcoin in reserves must come from funds seized through criminal or civil asset forfeiture, and Bitcoin deposited into reserves may not be sold.
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads