Tuesday, July 21, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

USMS Denies Selling Bitcoin After Court Doc, On-Chain Buzz

by SB Crypto Guru News
January 8, 2026
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

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 Washington’s most vocal Bitcoin proponents, seized on the reporting to question why the government would be selling at all. “We can’t afford to squander these strategic assets while other nations are accumulating Bitcoin. I’m deeply concerned about this report,” 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 can’t afford to squander these strategic assets while other nations are accumulating bitcoin. I’m deeply concerned about this report. https://t.co/XW5WxsfliA

— 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.”

Furthermore, the US Marshals told DL News that “USMS 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.”

What sparked the confusion in the first place was a document described as an “Asset Liquidation Agreement” and an associated dollar figure—$6,367,139.69—tied 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 “could not prove” 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.

Bitcoin price chart
BTC price remains below the 0.618 Fib, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





Source link

Tags: BitcoinBitcoin NewsBuzzcourtCrypto NewsCrypto UpdatesdeniesdocLatest News on CryptoOnChainSB Crypto Guru NewsSellingUSMS
Previous Post

Caterpillar Unveils Edge AI Integration with NVIDIA at CES 2026

Next Post

Turkmenistan Opens Its Crypto Market to Miners and Exchanges — But Will They Come?

Related Posts

Bitcoin Bettors Give BTC 70% Odds of Hitting ,500 in July as Traders Eye a Rebound From K

Bitcoin Bettors Give BTC 70% Odds of Hitting $67,500 in July as Traders Eye a Rebound From $65K

by SB Crypto Guru News
July 21, 2026
0

Key TakeawaysPolymarket odds of BTC reaching $67,500 in July climbed from about 56% to 70% this week.Bitcoin has traded roughly...

Chainlink CCIP Joins Central Bank Digital Asset Pilots

Chainlink CCIP Joins Central Bank Digital Asset Pilots

by SB Crypto Guru News
July 20, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Reference: Chainlink Chainlink CCIP Joins Central Bank...

Bitcoin Miner Hut 8 Shares Jump On .8 Billion AI Data Center Deal

Bitcoin Miner Hut 8 Shares Jump On $9.8 Billion AI Data Center Deal

by SB Crypto Guru News
July 20, 2026
0

Bitcoin miner Hut 8’s shares rose Monday after the Toronto Stock Exchange- and Nasdaq-listed firm said it had signed a...

Musk’s SpaceX Targets Thursday Starship Flight as Stock Slips Well Below Its 5 IPO Price

Musk’s SpaceX Targets Thursday Starship Flight as Stock Slips Well Below Its $135 IPO Price

by SB Crypto Guru News
July 20, 2026
0

Key TakeawaysSpaceX set July 23 for Starship’s 13th test flight after 4 of 33 engines failed to ignite one second...

Aave Picks Chainlink CCIP As Default Standard For Cross-Chain sGHO

Aave Picks Chainlink CCIP As Default Standard For Cross-Chain sGHO

by SB Crypto Guru News
July 20, 2026
0

Reference: Aave Governance Aave Picks Chainlink CCIP As Default Standard For Cross-Chain sGHO Aave governance has moved to make Chainlink...

Load More
Next Post
Turkmenistan Opens Its Crypto Market to Miners and Exchanges — But Will They Come?

Turkmenistan Opens Its Crypto Market to Miners and Exchanges — But Will They Come?

‘Certain things you can only see from the sky’: artist Precious Okoyomon on how flying planes has inspired their practice – The Art Newspaper

‘Certain things you can only see from the sky’: artist Precious Okoyomon on how flying planes has inspired their practice - The Art Newspaper

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.