Is Donald Trump’s BTC Reserve Being Ignored? ‘Deeply Concerned’ US Senator Slams Recent Government Bitcoin Sale
Senator Cynthia Lummis expressed deep concern over reports that the U.S. government sold forfeited Bitcoin, potentially violating President Trump's executive order for a Strategic BTC Reserve.Summary
U.S. Senator Cynthia Lummis stated she is "deeply concerned" following reports that the U.S. government liquidated Bitcoin obtained through a criminal settlement, seemingly contradicting Executive Order 14233 signed by President Donald Trump. This order mandates that all Government BTC acquired through forfeiture be preserved for a Strategic Bitcoin Reserve (SBR), not sold. The specific Bitcoin, worth about $6.37 million from the Samourai Wallet case, was reportedly transferred to a Coinbase Prime address and emptied. Lummis questioned why the government is liquidating assets that the President explicitly directed be preserved for strategic national holdings. The debate also involves differing opinions on the validity of the sale under the EO, with some arguing the funds were used for a settlement payment rather than a direct forfeiture, and others defending the liquidation as fiscally prudent.
(Source：CCN)