Recent allegations regarding the Bitcoin (BTC) sale by the US Marshal Service (USMS) — operating under the Department of Justice (DOJ) — have been addressed by Recent allegations regarding the Bitcoin (BTC) sale by the US Marshal Service (USMS) — operating under the Department of Justice (DOJ) — have been addressed by

Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor

2026/01/17 05:36

Recent allegations regarding the Bitcoin (BTC) sale by the US Marshal Service (USMS) — operating under the Department of Justice (DOJ) — have been addressed by White House crypto advisor Patrick Witt, who confirmed that the digital assets forfeited by Samourai Wallet and its founders have not been liquidated.

DOJ Confirms Samourai Bitcoin Will Not Be Sold

In a post on social media platform X (formerly Twitter), Witt clarified that the DOJ has verified that the digital assets taken from the Samourai Wallet will not be sold, in accordance with Executive Order 14233. He emphasized that these assets will remain on the government’s balance sheet as part of the Strategic Bitcoin Reserve.

Earlier in the month, speculations suggested that the USMS, following directives from the DOJ, had sold approximately 57.55 Bitcoin forfeited in the Samourai Wallet case through Coinbase Prime on November 3, 2025. 

The lack of confirmation until now had led experts to assert that such actions would violate EO 14233, signed by President Donald Trump. This order mandates that Bitcoin obtained through criminal or civil forfeiture be retained and added to the US Strategic Bitcoin Reserve, rather than being sold off.

The Bitcoin in question is valued at almost $6.4 million and was seized from the creators of Samourai Wallet. According to US authorities, the cryptocurrency mixer facilitated over $237 million worth of illicit transactions. 

Samourai Wallet’s Co-Founders Face Justice

The DOJ had announced in November the sentencing of Keonne Rodriguez and William Lonergan Hill, the co-founders of Samourai Wallet. 

Rodriguez, the company’s CEO, and Hill, its Chief Technology Officer, were implicated in a conspiracy involving the operation of a money transmitting business that “knowingly” transmitted proceeds from criminal activities. 

The criminal proceeds laundered through their platform originated from various illegal activities, including drug trafficking, darknet marketplace operations, cyber intrusions, fraud, murder-for-hire schemes, and even a child pornography website. Rodriguez received a five-year prison sentence, while Hill was sentenced to four years.

Bitcoin

At the time of writing, Bitcoin is trading at $95,300, marking an almost 6% increase over the past seven days. However, it is still unable to regain the key $100,000 level, which has eluded the cryptocurrency since November last year. 

Featured image from DALL-E, chart from TradingView.com 

Market Opportunity
Notcoin Logo
Notcoin Price(NOT)
$0.0006512
$0.0006512$0.0006512
+5.18%
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Price Prediction: $DSNT Could Outperform Ripple Once the Token Goes Live on Multiple Rumored CEXs at the End of January

XRP Price Prediction: $DSNT Could Outperform Ripple Once the Token Goes Live on Multiple Rumored CEXs at the End of January

Galaxy Digital’s $75 million tokenized loan deal shows how fast institutions are pushing traditional finance on-chain.  But while firms focus on private credit
Share
Coinstats2026/01/17 22:00
Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim

Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim

The global crypto market cap rose 2% to $4.2 trillion on Thursday, lifted by Bitcoin’s steady climb toward $118,000 after the Fed delivered its first interest rate cut of the year. Gains were measured, however, as investors weighed the central bank’s cautious tone on future policy moves. Bitcoin last traded 1% higher at $117,426. Ether rose 2.8% to $4,609. XRP also gained, rising 2.9% to $3.10. Fed Chair Jerome Powell described Wednesday’s quarter-point reduction as a risk-management step, stressing that policymakers were in no hurry to speed up the easing cycle. His comments dampened expectations of more aggressive cuts, limiting enthusiasm across risk assets. Traders Anticipated Fed Rate Trim, Leaving Little Room for Surprise Rally The Federal Open Market Committee voted 11-to-1 to lower the benchmark lending rate to a range of 4.00% to 4.25%. The sole dissent came from newly appointed governor Stephen Miran, who pushed for a half-point cut. Traders were largely prepared for the move. Futures markets tracked by the CME FedWatch tool had assigned a 96% probability to a 25 basis point cut, making the decision widely anticipated. That advance positioning meant much of the potential boost was already priced in, creating what analysts described as a “buy the rumour, sell the news” environment. Fed Rate Decision Creates Conditions for Crypto, But Traders Still Hold Back Andrew Forson, president of DeFi Technologies, said lower borrowing costs would eventually steer more money toward digital assets. “A lower cost of capital indicates more capital flows into the digital assets space because the risk hurdle rate for money is lower,” he noted. He added that staking products and blockchain projects could become attractive alternatives to traditional bonds, offering both yield and appreciation. Despite the cut, crypto markets remained calm. Open interest in Bitcoin futures held steady and no major liquidation cascades followed the Fed’s decision. Analysts pointed to Powell’s language and upcoming economic data as the key factors for traders before building larger positions. Powell’s Caution Tempers Immediate Impact of Fed Rate Move on Crypto Markets History also suggests crypto rallies after rate cuts often take time. When the Fed eased in Dec. 2024, Bitcoin briefly surged 5% cent before consolidating, with sustained gains arriving only weeks later. This time, market watchers are bracing for a similar pattern. Powell’s insistence on caution, combined with uncertainty around inflation and growth, has kept short-term volatility muted even as sentiment for risk assets improves. BitMine’s Tom Lee this week predicted that Bitcoin and Ether could deliver “monster gains” in the next three months if the Fed continues on an easing path. His view echoes broader expectations that liquidity-sensitive assets will outperform once the cycle gathers pace. For now, the crypto sector has digested the Fed’s move with restraint. Traders remain focused on signals from the central bank’s October meeting to determine whether Wednesday’s step marks the beginning of a broader policy shift or just a one-off adjustment
Share
CryptoNews2025/09/18 13:14
‘The White Lotus’ Season 4 Officially Casts Its Next Two Actors

‘The White Lotus’ Season 4 Officially Casts Its Next Two Actors

The post ‘The White Lotus’ Season 4 Officially Casts Its Next Two Actors appeared on BitcoinEthereumNews.com. With filming on the near horizon, The White Lotus
Share
BitcoinEthereumNews2026/01/17 22:35