Rumours Of DOJ Selling 57.55 BTC Surface On Social Media

https://web.ourcryptotalk.com/news/rumours-of-doj-selling-us-bitcoin

13 Comments

  1. coinfeeds-bot on

    tldr; Reports suggest the U.S. Marshals Service, under the DOJ, transferred 57.55 Bitcoin forfeited by Samourai Wallet co-founders to Coinbase Prime custody. While blockchain data shows internal Coinbase movements, there is no conclusive evidence of a sale. This raises questions about compliance with Executive Order 14233, which mandates retaining forfeited Bitcoin in the U.S. Strategic Bitcoin Reserve. Critics, including Senator Cynthia Lummis, have expressed concerns about potential violations and the broader handling of crypto by the Southern District of New York.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. booyakasha_wagwaan on

    The DoJ/Treasury uses Coinbase custodial services for their seized digital assets.