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US Government Officially Denies Bitcoin Sales from Samurai Wallet Seizure
Source: CryptoNewsNet Original Title: US Government Issues Official Statement Regarding Allegations of Bitcoin Sales Original Link: https://cryptonews.net/news/bitcoin/32290586/ The US government has officially denied claims that Bitcoin seized from the Samurai Wallet case was being sold.
Patrick Witt, Executive Director of the White House Digital Assets Advisory Committee, confirmed based on official documentation from the U.S. Department of Justice (DOJ) that digital assets seized in the Samurai Wallet case have neither been liquidated nor will be sold in the future.
According to Witt, these assets are being handled in accordance with Executive Order 14233, signed by President Donald Trump, and will continue to be held on the US government’s balance sheet as part of the Strategic Bitcoin Reserve (SBR). He stated: “According to confirmation we received from the DOJ, the digital assets confiscated from Samourai Wallet have not been sold and will not be sold. These assets will remain on the US government’s balance sheet as part of the SBR, in accordance with EO 14233.”
The clarification addresses earlier reports from January 5th, where some cryptocurrency media outlets claimed that approximately 57.55 BTC—confiscated from Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill by the US Department of Justice through the US Marshals Service—had been sold. Those reports suggested such a sale could violate President Trump’s Executive Order 14233.
Executive Order 14233 mandates that seized Bitcoin be held in the U.S. Strategic Bitcoin Reserve instead of being sold by federal agencies, making the latest official statement a confirmation that government policy is being followed.