Breaking: US Department of Justice just moved 57 BTC off its holdings, marking a significant market shift. Here's the kicker—this came despite Executive Order 14233 explicitly directing federal agencies to hold their Bitcoin positions rather than liquidate them. The timing raises questions about whether the DOJ's sale contradicts the current administration's stated crypto policy. Market watchers are already dissecting what this means for Bitcoin's price action and broader institutional confidence in government-held digital assets. Whether this was a procedural oversight or intentional move remains unclear, but traders are paying close attention to how this plays out.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
LightningLady
· 3h ago
The Ministry of Justice's move is really outrageous. They claim to hold Bitcoin but immediately sell it off. Does the policy backlash come so quickly?
View OriginalReply0
TokenDustCollector
· 4h ago
Huh? The Department of Justice is causing trouble again? 57 BTC can be transferred just like that, what’s the use of an administrative order?
No, this move is really brilliant—claiming to hold while secretly selling off. The government’s stunt is quite spectacular.
Whether it’s negligence or intentional, I don’t know. Anyway, I’m just here to watch the show.
View OriginalReply0
blockBoy
· 01-06 23:47
Wait, 57 Bitcoins just transferred out like that? Feels like the government doesn't even know what it's doing with both hands
Where's the promised holding policy? Isn't this shooting themselves in the foot?
Really? The Department of Justice's move is so outrageous
This move... feels like a dump? Or is someone above planning to cash out
The administrative orders are right there, and they still dare to go all in with this move, really bold
Government agencies fear this kind of contradictory operation the most, retail investors must be so panicked
View OriginalReply0
ShadowStaker
· 01-06 23:46
wait hold up... executive order 14233 literally says *hold* not sell, yet doj moving 57 btc anyway? either someone's not reading memos or there's a bigger play happening here ngl
Reply0
HalfPositionRunner
· 01-06 23:44
Wait, is the Ministry of Justice's recent move real? It feels like another policy face-slapping scene.
The government says one thing with the left hand and starts selling off with the right hand. I've seen this script too many times.
57 Bitcoins transferred out, and it seems there are more actions waiting behind the scenes.
I really don't know who to believe anymore; this market is just like that.
Let's just wait and see how they handle it internally.
View OriginalReply0
FundingMartyr
· 01-06 23:35
Wait a minute, what is the Justice Department trying to do? They can just transfer 57 coins whenever they want?
Breaking: US Department of Justice just moved 57 BTC off its holdings, marking a significant market shift. Here's the kicker—this came despite Executive Order 14233 explicitly directing federal agencies to hold their Bitcoin positions rather than liquidate them. The timing raises questions about whether the DOJ's sale contradicts the current administration's stated crypto policy. Market watchers are already dissecting what this means for Bitcoin's price action and broader institutional confidence in government-held digital assets. Whether this was a procedural oversight or intentional move remains unclear, but traders are paying close attention to how this plays out.