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New report reveals US may have sold Bitcoin despite Trump exec order
Posted on 1/5/26 at 10:32 pm
Posted on 1/5/26 at 10:32 pm
New report reveals US may have sold Bitcoin despite Trump exec order
LINK
US prosecutors’ treatment of Bitcoin forfeited by Samourai Wallet developers is drawing new scrutiny.
Court records and blockchain data suggest the assets sets may have been transferred and potentially liquidated, reported Bitcoin Magazine. That sale would appear to conflict with a White House order requiring forfeited Bitcoin to be held, not liquidated.
The situation raises questions about how the Justice Department handles seized crypto. It also tests whether federal agencies are following President Donald Trump’s Strategic Bitcoin Reserve directive.
LINK
US prosecutors’ treatment of Bitcoin forfeited by Samourai Wallet developers is drawing new scrutiny.
Court records and blockchain data suggest the assets sets may have been transferred and potentially liquidated, reported Bitcoin Magazine. That sale would appear to conflict with a White House order requiring forfeited Bitcoin to be held, not liquidated.
The situation raises questions about how the Justice Department handles seized crypto. It also tests whether federal agencies are following President Donald Trump’s Strategic Bitcoin Reserve directive.
6
Posted on 1/5/26 at 10:35 pm to Eurocat
Congrats.
You tricked me into clicking on a Yahoo link.
You tricked me into clicking on a Yahoo link.
Posted on 1/5/26 at 10:36 pm to Eurocat
How does bitcoin get seized/forfeited?
Posted on 1/5/26 at 10:37 pm to Eurocat
Yahoo?
fricks sake
fricks sake
Posted on 1/5/26 at 10:40 pm to kilo
Article is a repost not written by yahoo. Do you really not see that? That is was written by The Street dot com?
Posted on 1/5/26 at 10:41 pm to Eurocat
And that avoids the issue, unless you think this is completely something made up, is it right that this sale took place?
Posted on 1/5/26 at 10:47 pm to Jugbow
quote:
How does bitcoin get seized
quote:
The Samourai Wallet website and servers have been seized by U.S. law enforcement agencies. Its co-founders have pleaded guilty to operating an unlicensed money transmitting business and were sentenced to prison in late 2025.
The US Government took their devices that the bitcoin was stored on. I assume they also got the private keys or they wouldn’t have been able to do anything with it.
This post was edited on 1/5/26 at 10:49 pm
Posted on 1/5/26 at 10:56 pm to Root_User
But it sounds like they didn't get them.
Posted on 1/6/26 at 12:08 am to Eurocat
I thought crypto was safe from the government ...oh right. Your safer burying your money in the ground.
Posted on 1/6/26 at 12:38 am to Eurocat
quote:
Article is a repost not written by yahoo. Do you really not see that?
Nope...I don't click blind links.
22 years on here and you can't follow that simple rule?
Posted on 1/6/26 at 1:51 am to seedmonster77
quote:
thought crypto was safe from the government ...oh right. Your safer burying your money in the ground.
No moron. When stored properly it can't be accessed without private keys (large sets of words).
If a government takes control, you let them have, or find, your keys.
Not your keys, not your crypto
Posted on 1/6/26 at 2:47 am to Eurocat
The day crypto scams finally swirl the drain will be a great day for humanity
Posted on 1/6/26 at 2:54 am to Eurocat
well if Bitcoin Magazine says it, it has to be true.
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