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Recent rumors about the US government handling the confiscation of Bitcoin have caused a lot of buzz, and relevant White House advisors have come out to clarify.
The situation is as follows: there were reports that the US Marshals Service transferred 57.5 BTC (worth approximately $6.3 million) seized from the Samourai Wallet case in November last year to a mainstream trading platform, and it was suspected to be listed for sale. This has attracted the attention of many—how is the government selling Bitcoin now?
The head of the White House's digital assets department then explicitly stated that the Department of Justice has confirmed that these Bitcoins have not been sold at all. He emphasized that this batch of assets will be retained in the government’s ledger according to relevant executive orders, as part of the national strategic reserve.
Speaking of this executive order, it was actually signed by the President in March last year. Its core content is to prohibit the government from selling Bitcoin obtained through criminal or civil confiscation. The purpose is very clear—transform these assets into a national strategic reserve. If sold illegally, it would directly violate the President’s core encryption policies.
By the way, this confiscation involved two developers from Samourai Wallet. They were sentenced to 4 and 5 years in prison respectively at the end of last year, and a total of approximately $237 million worth of illegal proceeds were confiscated, mainly consisting of Bitcoin.
Therefore, it currently appears that this batch of Bitcoin has truly been incorporated into the strategic reserve, rather than being directed to the market. This also reflects the recent clear stance of the government on Bitcoin policy.