Source: Yellow
Original Title: Did the Department of Justice violate Trump’s Bitcoin reserve order? $6 million sale raises questions
Original Link:
Background
A recent Bitcoin liquidation transaction by the U.S. Department of Justice has attracted attention. According to judicial records, this transaction may conflict with the current executive order signed by President Trump. The order stipulates how seized digital assets should be handled.
Details of the Event
According to judicial documents related to the Samourai wallet case, under the guidance of the Department of Justice, approximately 57.55 Bitcoins were sold on a certain trading platform on November 3, 2025.
At the time, these Bitcoins were worth over $6 million and were confiscated as part of an asset liquidation agreement involving the developer of the Samourai wallet.
Records from the Southern District Court of New York show that defendants Keonne Rodriguez and William Lonergan Hill agreed to transfer approximately $6.37 million worth of Bitcoin to the U.S. Department of Justice.
The agreement authorized the agency to immediately liquidate these assets through its chosen cryptocurrency platform, converting the proceeds to USD after deducting fees.
However, the timing and manner of this transaction have raised questions, as they appear to contradict Executive Order No. 14233 signed earlier this year by Trump.
This executive order states that Bitcoin obtained through criminal or civil forfeiture should be retained by the federal government and allocated to the U.S. Strategic Bitcoin Reserve, rather than sold on the open market.
The apparent sale of Bitcoin related to Samourai indicates that, at least in this case, the Department of Justice acted in accordance with existing seizure and liquidation practices, rather than following the new executive order.
Why It Matters
Analysts point out that the executive order aims to formally establish Bitcoin as a federal strategic asset, restricting discretionary sales that could impact the market or undermine long-term reserve policies.
This incident involving the Samourai wallet case is not the first to cause tension.
Reports indicate that prosecutors in the Southern District of New York have sometimes deviated from broader federal guidelines, especially as Washington re-evaluates its stance on digital assets amid increasing geopolitical and financial considerations.
The U.S. Department of Justice and the DOJ have not publicly commented on whether the transaction on November 3, 2025, complies with Executive Order No. 14233 or if any exceptions apply.
The trading platform involved in facilitating the transaction has also not issued any statements.
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ProposalDetective
· 11h ago
The Ministry of Justice's move is really impressive—selling $6 million on command, and Trump's executive order gets slapped in the face?
View OriginalReply0
TestnetScholar
· 16h ago
The Ministry of Justice's move is a bit outrageous, selling coins before the administrative order is even finalized?
View OriginalReply0
SoliditySurvivor
· 01-07 05:11
Oh no, the Department of Justice is playing with fire... Are they really just going to let go of 6 million USD like that?
View OriginalReply0
LoneValidator
· 01-06 02:08
This move by the Ministry of Justice is really outrageous? Just throwing away 6 million USD like that, aren't they afraid of being nailed down?
View OriginalReply0
DataPickledFish
· 01-06 02:05
The Ministry of Justice's move is really impressive. They sold $6 million worth of BTC on command, making Trump's executive order look like a decoration.
View OriginalReply0
FloorPriceNightmare
· 01-06 02:04
What is the Ministry of Justice up to again? Clear up the $6 million easily, is Trump's order just so ineffective?
View OriginalReply0
PrivateKeyParanoia
· 01-06 01:59
The Ministry of Justice's move is brilliant—signing orders with one hand and selling coins with the other. A clear-out of 6 million? Yeah, right. That's hilarious.
View OriginalReply0
WhaleMinion
· 01-06 01:51
What is the Ministry of Justice trying to do? Dare to defy Trump's order?
Did the Department of Justice just violate Trump's Bitcoin reservation order? $6 million sale raises doubts
Source: Yellow Original Title: Did the Department of Justice violate Trump’s Bitcoin reserve order? $6 million sale raises questions
Original Link:
Background
A recent Bitcoin liquidation transaction by the U.S. Department of Justice has attracted attention. According to judicial records, this transaction may conflict with the current executive order signed by President Trump. The order stipulates how seized digital assets should be handled.
Details of the Event
According to judicial documents related to the Samourai wallet case, under the guidance of the Department of Justice, approximately 57.55 Bitcoins were sold on a certain trading platform on November 3, 2025.
At the time, these Bitcoins were worth over $6 million and were confiscated as part of an asset liquidation agreement involving the developer of the Samourai wallet.
Records from the Southern District Court of New York show that defendants Keonne Rodriguez and William Lonergan Hill agreed to transfer approximately $6.37 million worth of Bitcoin to the U.S. Department of Justice.
The agreement authorized the agency to immediately liquidate these assets through its chosen cryptocurrency platform, converting the proceeds to USD after deducting fees.
However, the timing and manner of this transaction have raised questions, as they appear to contradict Executive Order No. 14233 signed earlier this year by Trump.
This executive order states that Bitcoin obtained through criminal or civil forfeiture should be retained by the federal government and allocated to the U.S. Strategic Bitcoin Reserve, rather than sold on the open market.
The apparent sale of Bitcoin related to Samourai indicates that, at least in this case, the Department of Justice acted in accordance with existing seizure and liquidation practices, rather than following the new executive order.
Why It Matters
Analysts point out that the executive order aims to formally establish Bitcoin as a federal strategic asset, restricting discretionary sales that could impact the market or undermine long-term reserve policies.
This incident involving the Samourai wallet case is not the first to cause tension.
Reports indicate that prosecutors in the Southern District of New York have sometimes deviated from broader federal guidelines, especially as Washington re-evaluates its stance on digital assets amid increasing geopolitical and financial considerations.
The U.S. Department of Justice and the DOJ have not publicly commented on whether the transaction on November 3, 2025, complies with Executive Order No. 14233 or if any exceptions apply.
The trading platform involved in facilitating the transaction has also not issued any statements.