Related News

Former finance secretary swindled $55K from union through fake cheques, lawsuit alleges

Former finance secretary swindled $55K from union through fake cheques, lawsuit alleges

September 19, 2025
Finding connections with recipes that speak from the grave

Finding connections with recipes that speak from the grave

November 2, 2025
Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

November 4, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Former finance secretary swindled $55K from union through fake cheques, lawsuit alleges

Former finance secretary swindled $55K from union through fake cheques, lawsuit alleges

September 19, 2025
Finding connections with recipes that speak from the grave

Finding connections with recipes that speak from the grave

November 2, 2025
Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

November 4, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Did the US Break Its Bitcoin Reserve Rule With a $6.3 Million BTC Sale?

WeMaple AI by WeMaple AI
January 6, 2026
in Crypto
0
Did the US Break Its Bitcoin Reserve Rule With a $6.3 Million BTC Sale?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin Reserve

You might also like

Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

The post Did the US Break Its Bitcoin Reserve Rule With a $6.3 Million BTC Sale? appeared first on Coinpedia Fintech News

A new controversy is growing around the U.S. government’s handling of Bitcoin, raising serious questions about whether federal agencies are ignoring clear instructions from the White House on building a Strategic Bitcoin Reserve.

According to a recent report by Bitcoin Magazine, the U.S. Marshals Service (USMS) may have sold Bitcoin forfeited by the developers of Samourai Wallet, even though an executive order says such bitcoin should be held, not sold.

What Happened in the Samourai Case

Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill agreed to forfeit Bitcoin worth about $6.3 million as part of a plea deal with the U.S. Department of Justice (DOJ). At the time of the agreement in November 2025, this amounted to roughly 57.55 BTC.

Documents show that this Bitcoin was transferred shortly after the agreement was signed. Instead of being held in government custody, blockchain data suggests the funds were sent directly to a Coinbase Prime address, which is commonly used for institutional trading.

That address now shows a zero balance, leading to concerns that the bitcoin has already been sold.

Why the Bitcoin Reserve Matters

This move is drawing attention because of Executive Order 14233, which clearly states that Bitcoin acquired through criminal or civil forfeiture should be kept as part of the United States’ Strategic Bitcoin Reserve.

The order specifically says that “Government BTC shall not be sold” and should instead be preserved as a long-term strategic asset. The idea is to treat bitcoin more like gold reserves rather than something to be quickly converted into cash.

If the reports are accurate, selling this Bitcoin would directly go against that order.

Lawmakers Raise Red Flags

Senator Cynthia Lummis publicly criticized the situation, asking why the government is still liquidating bitcoin when the president has explicitly directed agencies to preserve it.

She warned that the U.S. cannot afford to waste strategic bitcoin assets while other countries are actively accumulating BTC. Her comments reflect growing concern in Washington that mixed signals from different agencies are weakening U.S. crypto strategy.

At a time when global competition over digital assets is increasing, critics say ignoring such directives could put the U.S. at a disadvantage and weaken trust in its crypto policy direction.

For now, the situation has left the crypto community watching closely, asking a simple but serious question: if the U.S. wants a Strategic Bitcoin Reserve, why is it still selling bitcoin?

Read Entire Article
Tags: CoinPediaCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

by WeMaple AI
September 13, 2026
0

The native bridge remains paused as a 20% bounty window closes Sep 13 and final accounting continues The post Hackers mint trillions in fake Bitcoin, but 15 BTC...

Read more

Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes

by WeMaple AI
September 13, 2026
0

The ack3-affiliated preprint found a 721% outside-scope share after excluding two H1 2026 outliers, while August incidents add operational context The post Audited DeFi protocols lost $885M to

Read more

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

by WeMaple AI
September 13, 2026
0

Banks retain the customer interface, while undisclosed pricing, data, compliance and settlement terms will determine who captures the value The post Coinbase gives community banks a stablecoin bridge

Read more

Malicious bots are actively probing exposed Bitcoin payment servers to steal master administrative keys

by WeMaple AI
September 13, 2026
0

The risk is limited to manually exposed APIs, and version 244 closes the standard public path The post Malicious bots are actively probing exposed Bitcoin payment servers to...

Read more

Senate Democrats To Meet Sunday Night On CLARITY Act

by WeMaple AI
September 13, 2026
0
Senate Democrats To Meet Sunday Night On CLARITY Act

The post Senate Democrats To Meet Sunday Night On CLARITY Act appeared first on Coinpedia Fintech News Senate Majority Leader Chuck Schumer is convening a Democratic caucus meeting...

Read more
Next Post
Is 2026 The Year For Altcoin Season? Key Conditions That Must Be Met

Is 2026 The Year For Altcoin Season? Key Conditions That Must Be Met

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Former finance secretary swindled $55K from union through fake cheques, lawsuit alleges

Former finance secretary swindled $55K from union through fake cheques, lawsuit alleges

September 19, 2025
Finding connections with recipes that speak from the grave

Finding connections with recipes that speak from the grave

November 2, 2025
Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

November 4, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.