US Department of Justice Allegedly Sells Seized Bitcoin: The Facts
In the dynamic world of cryptocurrencies, the recent rumors surrounding the United States Department of Justice (DOJ) selling $6 million worth of Bitcoin continue to generate buzz among investors and enthusiasts. The Bitcoin in question was reportedly seized from Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill. However, on-chain data leaves key questions unanswered—and speculation abounds.
What Happened to the Seized Bitcoin?
According to reports, around 57.55 BTC—valued at an estimated $6 million—was transferred on November 3, 2025, from an address linked to the Samourai Wallet forfeiture to a wallet labeled ‘Coinbase Prime Deposit.’ Speculation surged that the DOJ had sold these funds, potentially violating Executive Order 14233, which specifies that forfeited Bitcoin be retained as part of the US Strategic Bitcoin Reserve.
Although blockchain activity confirms the transfer of funds into Coinbase Prime custody, it does not provide concrete evidence of liquidation. Internal movements within Coinbase, including sweeps to designated wallets, are routine and do not inherently indicate a sale. For now, the claims remain shrouded in uncertainty.
Executive Order 14233: What Does It Mean?
Signed by former President Donald Trump, Executive Order 14233 requires federal agencies to maintain Bitcoin holdings as part of a strategic reserve to bolster national economic security. Whether the transferred BTC was formally incorporated into this Reserve—or sold in violation of the order—is a matter that only off-chain documentation could confirm.
What On-Chain Data Reveals
Analysis of blockchain movements shows the 57.55 BTC consolidating into broader Coinbase Prime addresses, which consist of custodial accounts used for settlement and internal bookkeeping. The blockchain does not show the Bitcoin leaving Coinbase-controlled wallets, and any off-chain activities—such as a potential sale or conversion to USD—cannot be detected without access to court or DOJ records.
Why Does This Matter?
The handling of forfeited Bitcoin raises questions about transparency and governance at the intersection of blockchain technology and federal policy. For cryptocurrency investors and analysts, these high-stakes events highlight the ongoing tensions between decentralized financial systems and governmental oversight.
Focus on Security and Custody
As these events unfold, the importance of secure cryptocurrency storage is coming to the forefront. For those seeking reliable custodial services for their digital assets, a product worth exploring is the Ledger Nano X hardware wallet, designed for maximum security and user-friendly functionality. Protecting your crypto wallet from potential risk has never been more essential.
The Future of US Bitcoin Policy
The unresolved questions about the DOJ’s actions underscore the need for clarity in US cryptocurrency policies. Whether the forfeited Samourai Wallet Bitcoin was liquidated or retained in custody awaits clarification through official documentation. In the meantime, this case serves as a significant reminder of Bitcoin’s growing role in public affairs and regulatory frameworks.