White House Chief Cryptocurrency Advisor: The confiscated Bitcoin in the Samourai case has not been sold

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PANews January 17 News, according to The Block, there were reports earlier this month that the U.S. Marshals Service had sold Bitcoin worth over $6 million paid to the Department of Justice by Samourai Wallet developers Rodriguez and Hill in a plea agreement. Patrick Witt, Executive Director of the White House Digital Asset Advisory Committee, stated that he has received confirmation from the U.S. Department of Justice that, according to Executive Order No. 14233, the digital assets confiscated from Samourai Wallet have not been liquidated and will not be liquidated. They will remain on the U.S. government’s balance sheet as part of strategic commercial rules. The executive order stipulates that the Bitcoin in reserve will come from funds seized through criminal or civil asset forfeiture, and the Bitcoin deposited into the reserve shall not be sold.

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