CoinVoice has learned that, according to The Block, earlier this month it was reported that the U.S. Marshals Service has 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 yet 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 confiscated through criminal or civil asset forfeiture, and the Bitcoin stored in reserve shall not be sold.
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White House Chief Cryptocurrency Advisor: The confiscated Bitcoin in the Samourai case has not been sold
CoinVoice has learned that, according to The Block, earlier this month it was reported that the U.S. Marshals Service has 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 yet 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 confiscated through criminal or civil asset forfeiture, and the Bitcoin stored in reserve shall not be sold.