The United States Department of Justice (DOJ) and the Marshals Service (USMS) clarified that they have not sold the 57.55 BTC seized from Samourai Wallet. The clarification arises following conflicting information that suggested a possible liquidation of these assets—valued at over $6 million—after Keonne Rodriguez and William Hill pleaded guilty to operating an unlicensed money transmitting business.
This clarification is crucial for the market, as it dispels rumors of selling pressure and reaffirms compliance with current directives. The decision to keep these assets under state custody aligns with the White House policy of strengthening the Strategic Bitcoin Reserve, avoiding rushed liquidations that could affect price stability and institutional trust in the sector.
Investors should only heed official transparency reports from the USMS and any movements in identified government wallets. The integrity of the Strategic Bitcoin Reserve will remain a central theme in the regulatory debate, especially as the final destination of assets seized under Executive Order 14233 and the legal evolution of crypto privacy tools are defined.
Source:https://x.com/patrickjwitt/status/2012209807327891575
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