According to a ChainCatcher report citing The Block, at the beginning of this month, it was revealed that the U.S. Marshals Service had sold over $6 million worth of Bitcoin paid by Samourai wallet developers Rodriguez and Hill to the Department of Justice as part of a plea agreement. Patrick Witt, Executive Director of the White House Digital Assets Advisory Committee, stated that he has received confirmation from the U.S. Department of Justice. According to Executive Order 14233, the digital assets seized from Samourai Wallet have not been liquidated and will not be liquidated. Instead, they will remain on the U.S. government's balance sheet as part of a strategic business framework. The executive order specifies that Bitcoin in the reserve will be sourced from funds seized through criminal or civil asset forfeitures, and Bitcoin deposited into the reserve may not be sold.
White House Crypto Advisor Confirms Seized Samourai Wallet Bitcoin Not Sold
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Summary
Bitcoin breaking news: The U.S. Department of Justice confirmed that the $6 million in Bitcoin seized from Samourai Wallet developers has not been sold. Patrick Witt of the White House Digital Assets Advisory Committee said the assets will remain on the government’s balance sheet under Executive Order 14233. The order prohibits the sale of Bitcoin obtained through criminal or civil asset forfeitures. Bitcoin news outlets are closely tracking the move.
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