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Reading: America Built a Bitcoin Reserve—Then Sold $6.3 Million of It Anyway
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EdaFace Newsfeed > Latest News > Crypto News > America Built a Bitcoin Reserve—Then Sold $6.3 Million of It Anyway
Crypto News

America Built a Bitcoin Reserve—Then Sold $6.3 Million of It Anyway

vitalclick
Last updated: January 6, 2026 4:20 am
2 days ago
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Contents
What Happened in the Samourai CaseWhy the Bitcoin Reserve MattersLawmakers Raise Red FlagsTrust with CoinPedia:Investment Disclaimer:Sponsored and Advertisements:Share this crypto insight with your network!
Bitcoin Reserve

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?

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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