Did Federal Prosecutors Act Against Executive Order When Liquidating Bitcoin from the Samourai Wallet Seizure?



The recent handling of forfeited digital assets by the Department of Justice has raised questions about compliance with presidential directives on cryptocurrency. When federal authorities seized Bitcoin tied to the Samourai Wallet case, the subsequent sale of these assets sparked debate about whether the liquidation process aligned with existing executive mandates on digital currency management.

The incident highlights the ongoing tension between traditional asset forfeiture procedures and evolving policy frameworks governing Bitcoin and other cryptocurrencies. Critics argue that converting seized crypto holdings into fiat currency without explicit authorization may circumvent recent administrative guidance on how federal agencies should handle digital assets.

This case underscores broader challenges facing law enforcement agencies as they navigate between conventional asset seizure protocols and the unique characteristics of blockchain-based holdings, particularly when new executive orders introduce alternative approaches to managing government-held cryptocurrency.
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YieldWhisperervip
· 01-06 19:53
The US government is still using the old methods to regulate crypto assets, really treating Bitcoin like a traditional asset, it's hilarious.
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GasFeeBarbecuevip
· 01-06 19:51
The federal prosecutor's move is really outrageous. Where is the promised executive order? Directly selling off the confiscated Bitcoin for fiat currency— isn't this a challenge to the new policy?
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GasFeeGazervip
· 01-06 19:44
The Federal Reserve is playing this trick again? Directly liquidating Bitcoin without going through administrative approval—are they trying to secretly convert crypto assets into fiat currency?
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MetaRecktvip
· 01-06 19:36
Here we go again, these FBI folks are just messing around here, not taking executive orders seriously?
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DAOdreamervip
· 01-06 19:36
Coming again? The government confiscating coins still violates administrative orders? Laughable.
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