US Marshals Deny Selling 57.5 Bitcoin After Court Doc, On-Chain Buzz
Alex Smith
1 month ago
The US Marshals Service (USMS) says it did not sell 57.5 Bitcoin that crypto media and on-chain sleuths had recently flagged as liquidated, pushing back on a narrative that the government may be offloading coins despite the Strategic BTC Reserve directive by US President Donald Trump.
The dispute surfaced after Bitcoin Magazine cited court paperwork that appeared to authorize liquidation of BTC tied to the Samourai Wallet case, and as blockchain movements showed the coins landing at Coinbase Prime, activity that traders often treat as a sale signal, even if it is not definitive on its own.
Wyoming Sen. Cynthia Lummis, one of Washingtonās most vocal Bitcoin proponents, seized on the reporting to question why the government would be selling at all. āWe canāt afford to squander these strategic assets while other nations are accumulating Bitcoin. Iām deeply concerned about this report,ā she wrote on X, referencing the purported Samourai-linked sale.
Why is the U.S. gov still liquidating bitcoin when @POTUS explicitly directed these assets be preserved for our Strategic Bitcoin Reserve? We canāt afford to squander these strategic assets while other nations are accumulating bitcoin. Iām deeply concerned about this report. https://t.co/XW5WxsfliA
ā Senator Cynthia Lummis (@SenLummis) January 6, 2026
No Bitcoin Sold: USMS
At the center of the controversy is Executive Order 14233, which requires BTC obtained via criminal or civil forfeiture to be preserved as part of a US Strategic BTC Reserve. The reporting suggested the alleged sale clashed with that mandate.
After DL News published its story, however, USMS directly denied that any such sale occurred, also criticizing the reporting process: [The USMS] has not sold the Bitcoin mentioned and it has no idea how Bitcoin Magazine would get that information. But they did not fact check nor contact us for information.ā
Furthermore, the US Marshals told DL News that āUSMS cryptocurrency liquidations go through a multi-level approval process to ensure only forfeited digital assets that meet the requirements of Section D of Executive Order 14233 are disposed.ā
What sparked the confusion in the first place was a document described as an āAsset Liquidation Agreementā and an associated dollar figureā$6,367,139.69ātied to 57.5 BTC that were transferred on Nov. 3, 2025, in connection with the Samourai matter. Separately, on-chain tracking showed the same 57.5 BTC deposited to Coinbase Prime, a pattern that can be consistent with liquidation but ācould not proveā a sale by itself.
In the Samourai case, federal authorities arrested developers Keonne Rodriguez and William Lonergan Hill in 2024, alleging the service operated as an unlicensed money transmitting business used by criminals. The report at issue centered on BTC that the developers paid to the Department of Justice as part of a guilty plea.
At press time, BTC traded at $89,915.
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