Reports suggest U.S. prosecutors may have overstepped by liquidating approximately $6.3 million worth of confiscated Bitcoin. The move appears inconsistent with Executive Order 14233, which explicitly restricts the sale of federally held Bitcoin assets as part of the Strategic Bitcoin Reserve initiative.
This discrepancy raises questions about policy execution at the enforcement level. If confirmed, it could signal inconsistency between executive directives and operational practices across different government agencies. For the crypto community, such developments underscore the importance of tracking how policy intentions translate into actual implementation—especially regarding large-scale asset holdings.
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ForkTrooper
· 01-08 01:01
Here we go again? The government builds strategic reserves with one hand and secretly sells with the other. I've seen this script before.
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HodlAndChill
· 01-07 10:53
Coming again? The government loosens up and sells coins, then on the other hand, they say they want to build strategic reserves... It's really awkward.
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CryptoSurvivor
· 01-06 09:57
Here we go again? Government agencies don't even know what each other is doing... Just dumping 63 million BTC like that, where's the executive order?
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LightningLady
· 01-06 09:54
Selling a Bitcoin can even be illegal now. What's going on with these government departments, not knowing what they're doing with their left and right hands?
Reports suggest U.S. prosecutors may have overstepped by liquidating approximately $6.3 million worth of confiscated Bitcoin. The move appears inconsistent with Executive Order 14233, which explicitly restricts the sale of federally held Bitcoin assets as part of the Strategic Bitcoin Reserve initiative.
This discrepancy raises questions about policy execution at the enforcement level. If confirmed, it could signal inconsistency between executive directives and operational practices across different government agencies. For the crypto community, such developments underscore the importance of tracking how policy intentions translate into actual implementation—especially regarding large-scale asset holdings.