Related News

Mounties investigating after 2nd ostrich dies on B.C. farm facing cull order

Mounties investigating after 2nd ostrich dies on B.C. farm facing cull order

May 24, 2025
Momentum, expectations grow for Canadian men’s alpine ski team

Momentum, expectations grow for Canadian men’s alpine ski team

October 22, 2025
Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

November 2, 2025

Browse by Category

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

Related News

Mounties investigating after 2nd ostrich dies on B.C. farm facing cull order

Mounties investigating after 2nd ostrich dies on B.C. farm facing cull order

May 24, 2025
Momentum, expectations grow for Canadian men’s alpine ski team

Momentum, expectations grow for Canadian men’s alpine ski team

October 22, 2025
Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

November 2, 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

US Marshals Deny Selling 57.5 Bitcoin After Court Doc, On-Chain Buzz

WeMaple AI by WeMaple AI
January 8, 2026
in Crypto
0
US Marshals Deny Selling 57.5 Bitcoin After Court Doc, On-Chain Buzz
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The US Marshals Service (USMS) says it did not sell 57.5 Bitcoin that crypto media and on-chain sleuths had recently flagged as liquidated, pushing back on a narrative that the government may be offloading coins despite the Strategic BTC Reserve directive by US President Donald Trump.

You might also like

The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

Crypto faces a new risk as Iran threatens major US companies in the Middle East

The dispute surfaced after Bitcoin Magazine cited court paperwork that appeared to authorize liquidation of BTC tied to the Samourai Wallet case, and as blockchain movements showed the coins landing at Coinbase Prime, activity that traders often treat as a sale signal, even if it is not definitive on its own.

Wyoming Sen. Cynthia Lummis, one of Washington’s most vocal Bitcoin proponents, seized on the reporting to question why the government would be selling at all. “We can’t afford to squander these strategic assets while other nations are accumulating Bitcoin. I’m deeply concerned about this report,” she wrote on X, referencing the purported Samourai-linked sale.

Why is the U.S. gov still liquidating bitcoin when @POTUS explicitly directed these assets be preserved for our Strategic Bitcoin Reserve? We can’t afford to squander these strategic assets while other nations are accumulating bitcoin. I’m deeply concerned about this report. https://t.co/XW5WxsfliA

— Senator Cynthia Lummis (@SenLummis) January 6, 2026

No Bitcoin Sold: USMS

At the center of the controversy is Executive Order 14233, which requires BTC obtained via criminal or civil forfeiture to be preserved as part of a US Strategic BTC Reserve. The reporting suggested the alleged sale clashed with that mandate.

After DL News published its story, however, USMS directly denied that any such sale occurred, also criticizing the reporting process: [The USMS] has not sold the Bitcoin mentioned and it has no idea how Bitcoin Magazine would get that information. But they did not fact check nor contact us for information.”

Furthermore, the US Marshals told DL News that “USMS cryptocurrency liquidations go through a multi-level approval process to ensure only forfeited digital assets that meet the requirements of Section D of Executive Order 14233 are disposed.”

What sparked the confusion in the first place was a document described as an “Asset Liquidation Agreement” and an associated dollar figure—$6,367,139.69—tied to 57.5 BTC that were transferred on Nov. 3, 2025, in connection with the Samourai matter. Separately, on-chain tracking showed the same 57.5 BTC deposited to Coinbase Prime, a pattern that can be consistent with liquidation but “could not prove” a sale by itself.

In the Samourai case, federal authorities arrested developers Keonne Rodriguez and William Lonergan Hill in 2024, alleging the service operated as an unlicensed money transmitting business used by criminals. The report at issue centered on BTC that the developers paid to the Department of Justice as part of a guilty plea.

At press time, BTC traded at $89,915.

Bitcoin price chart

Read Entire Article
Tags: Celebrity NewsCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

by WeMaple AI
April 1, 2026
0
The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict He alluded...

Read more

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

by WeMaple AI
April 1, 2026
0
CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the...

Read more

Crypto faces a new risk as Iran threatens major US companies in the Middle East

by WeMaple AI
April 1, 2026
0

What looks like a geopolitical threat aimed at US multinationals could quickly become a crypto story too That is because several of the companies threatened by Iran now...

Read more

Crypto Tightrope In Australia — Will A$24B Licensing Push Supercharge Adoption Or Kill Smaller Exchanges?

by WeMaple AI
April 1, 2026
0
Crypto Tightrope In Australia — Will A$24B Licensing Push Supercharge Adoption Or Kill Smaller Exchanges?

Australia has passed its first comprehensive digital-asset framework, locking in a licensing regime for crypto platforms and custodians under the existing financial‑services law A New Comprehensive

Read more

The Bitcoin Bottom: Pundit Reveals The 5 Phases To Know When The Bleed Has Ended

by WeMaple AI
April 1, 2026
0
The Bitcoin Bottom: Pundit Reveals The 5 Phases To Know When The Bleed Has Ended

A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom The analysis concludes...

Read more
Next Post
Tezos Price Prediction 2025, 2026 – 2030: How High Will XTZ Price Go?

Tezos Price Prediction 2025, 2026 – 2030: How High Will XTZ Price Go?

Leave a Reply Cancel reply

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

Related News

Mounties investigating after 2nd ostrich dies on B.C. farm facing cull order

Mounties investigating after 2nd ostrich dies on B.C. farm facing cull order

May 24, 2025
Momentum, expectations grow for Canadian men’s alpine ski team

Momentum, expectations grow for Canadian men’s alpine ski team

October 22, 2025
Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

November 2, 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.