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The White House senior advisor refuted the 'liquidation rumors': confiscated assets will be permanently retained as strategic Bitcoin reserves (SBR).
Official rebuttal: On January 16, 2026, Patrick Witt, Executive Director of the Presidential Digital Asset Advisory Committee, stated that the Department of Justice (DOJ) has confirmed that the Bitcoin confiscated from Samourai Wallet developers has not been sold. He emphasized that these assets will be retained on the government's balance sheet as part of the national strategic reserves according to Executive Order 14233.
Background dispute: Previously, Bitcoin Magazine reported that the U.S. Marshals Service (USMS) transferred and allegedly sold Bitcoin worth $6.3 million (approximately 57.5 BTC) to Coinbase Prime in November 2025. This batch of funds originated from the confiscated proceeds in the guilty plea agreements of developers Rodriguez and Hill.
Policy red line: EO 14233, signed by President Trump in March 2025, explicitly prohibits the government from selling Bitcoin obtained through criminal or civil forfeiture, aiming to convert it into a national-level strategic reserve. Any violation of this sale will be seen as a blatant violation of the President's core cryptocurrency policy.
Case status: Samourai founders Keonne Rodriguez and William Hill were each sentenced to 4 years and 5 years in prison by the end of 2025, with a total of approximately $237 million in illegal proceeds (mainly consisting of Bitcoin) confiscated from the two.
#战略比特币储备 #Trump #SamouraiWallet #PatrickWitt #加密政策
Official rebuttal: On January 16, 2026, Patrick Witt, Executive Director of the Presidential Digital Asset Advisory Committee, stated that the Department of Justice (DOJ) has confirmed that the Bitcoin confiscated from Samourai Wallet developers has not been sold. He emphasized that these assets will be retained on the government's balance sheet as part of the national strategic reserves according to Executive Order 14233.
Background dispute: Previously, Bitcoin Magazine reported that the U.S. Marshals Service (USMS) transferred and allegedly sold Bitcoin worth $6.3 million (approximately 57.5 BTC) to Coinbase Prime in November 2025. This batch of funds originated from the confiscated proceeds in the guilty plea agreements of developers Rodriguez and Hill.
Policy red line: EO 14233, signed by President Trump in March 2025, explicitly prohibits the government from selling Bitcoin obtained through criminal or civil forfeiture, aiming to convert it into a national-level strategic reserve. Any violation of this sale will be seen as a blatant violation of the President's core cryptocurrency policy.
Case status: Samourai founders Keonne Rodriguez and William Hill were each sentenced to 4 years and 5 years in prison by the end of 2025, with a total of approximately $237 million in illegal proceeds (mainly consisting of Bitcoin) confiscated from the two.
#战略比特币储备 #Trump #SamouraiWallet #PatrickWitt #加密政策
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New White House crypto advisor, Patrick Witt, market structure as top priority
Patrick Witt, the newly appointed presidential advisor on digital assets, stated in his first interview in office that advancing the bill on crypto market structure in the Senate is one of his top three priorities, along with the swift implementation of the stablecoins law (GENIUS Act) and the creation of a federal reserve of cryptoassets.
#PatrickWitt
Why is it important?
Senate project on crypto market structure: Establishes regulatory clarity, defines regulatory jurisdiction (SEC vs. CFTC), and seeks a solid oversight framework.
#PatrickWitt
Why is it important?
Senate project on crypto market structure: Establishes regulatory clarity, defines regulatory jurisdiction (SEC vs. CFTC), and seeks a solid oversight framework.
🚨JUST IN: 🇺🇸 US Director of Digital Assets #PatrickWitt says creating a Strategic Bitcoin Reserve is a 'top priority.'
#US #PatrickWitt #StrategicBitcoinReserve
#US #PatrickWitt #StrategicBitcoinReserve
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