Related News

Bitcoin Price Prediction Today: All Eyes on FOMC as BTC Holds Key Support

Bitcoin Price Prediction Today: All Eyes on FOMC as BTC Holds Key Support

July 29, 2026
Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

January 30, 2026

Bitcoin split into two chains overnight, but a silent miner boycott just halted the enforcing BIP-110 chain

August 9, 2026

Browse by Category

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

Related News

Bitcoin Price Prediction Today: All Eyes on FOMC as BTC Holds Key Support

Bitcoin Price Prediction Today: All Eyes on FOMC as BTC Holds Key Support

July 29, 2026
Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

January 30, 2026

Bitcoin split into two chains overnight, but a silent miner boycott just halted the enforcing BIP-110 chain

August 9, 2026

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

Top 3 Altcoins To Watch Ahead Of Today’s CLARITY Act Vote

Bitcoin self-custody creates a massive cost-basis blind spot on your 2026 crypto tax forms

Filecoin Price Prediction 2026,2027-2030: Is a Trend Reversal Ahead for FIL?

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

Top 3 Altcoins To Watch Ahead Of Today’s CLARITY Act Vote

by WeMaple AI
September 15, 2026
0
Top 3 Altcoins To Watch Ahead Of Today’s CLARITY Act Vote

The post Top 3 Altcoins To Watch Ahead Of Today’s CLARITY Act Vote appeared first on Coinpedia Fintech News Bitcoin is trading near $77,000, in what analysts describe...

Read more

Bitcoin self-custody creates a massive cost-basis blind spot on your 2026 crypto tax forms

by WeMaple AI
September 15, 2026
0

Under 2026 US rules, transferred coins remain outside mandatory basis reporting even when the investor's purchase cost is unchanged The post Bitcoin self-custody creates a massive cost-basis blind

Read more

Filecoin Price Prediction 2026,2027-2030: Is a Trend Reversal Ahead for FIL?

by WeMaple AI
September 15, 2026
0
Filecoin Price Prediction 2026,2027-2030: Is a Trend Reversal Ahead for FIL?

The post Filecoin Price Prediction 2026,2027-2030: Is a Trend Reversal Ahead for FIL appeared first on Coinpedia Fintech News Story Highlights The live price of Filecoin crypto is...

Read more

DeFi Provisions Gutted In Latest CLARITY Act Draft, Critics Say

by WeMaple AI
September 15, 2026
0
DeFi Provisions Gutted In Latest CLARITY Act Draft, Critics Say

The post DeFi Provisions Gutted In Latest CLARITY Act Draft, Critics Say appeared first on Coinpedia Fintech News DeFi took a significant hit in the latest version of...

Read more

Robert Kiyosaki Warns “Biggest Crash IN History Has Started”

by WeMaple AI
September 15, 2026
0
Robert Kiyosaki Warns “Biggest Crash IN History Has Started”

The post Robert Kiyosaki Warns “Biggest Crash IN History Has Started” appeared first on Coinpedia Fintech News The famous Rich Dad Poor Dad author Robert Kiyosaki has issued...

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

Bitcoin Price Prediction Today: All Eyes on FOMC as BTC Holds Key Support

Bitcoin Price Prediction Today: All Eyes on FOMC as BTC Holds Key Support

July 29, 2026
Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

January 30, 2026

Bitcoin split into two chains overnight, but a silent miner boycott just halted the enforcing BIP-110 chain

August 9, 2026

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.