No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, April 23, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

USMS Denies Selling Bitcoin After Court Doc, On-Chain Buzz

by TheAdviserMagazine
4 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
USMS Denies Selling Bitcoin After Court Doc, On-Chain Buzz
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US Marshals Service (USMS) says it did not sell 57.5 Bitcoin that crypto media and on-chain sleuths had recently flagged as liquidated, pushing back on a narrative that the government may be offloading coins despite the Strategic BTC Reserve directive by US President Donald Trump.

The dispute surfaced after Bitcoin Magazine cited court paperwork that appeared to authorize liquidation of BTC tied to the Samourai Wallet case, and as blockchain movements showed the coins landing at Coinbase Prime, activity that traders often treat as a sale signal, even if it is not definitive on its own.

Wyoming Sen. Cynthia Lummis, one of Washington’s most vocal Bitcoin proponents, seized on the reporting to question why the government would be selling at all. “We can’t afford to squander these strategic assets while other nations are accumulating Bitcoin. I’m deeply concerned about this report,” she wrote on X, referencing the purported Samourai-linked sale.

Why is the U.S. gov still liquidating bitcoin when @POTUS explicitly directed these assets be preserved for our Strategic Bitcoin Reserve? We can’t afford to squander these strategic assets while other nations are accumulating bitcoin. I’m deeply concerned about this report. https://t.co/XW5WxsfliA

— Senator Cynthia Lummis (@SenLummis) January 6, 2026

No Bitcoin Sold: USMS

At the center of the controversy is Executive Order 14233, which requires BTC obtained via criminal or civil forfeiture to be preserved as part of a US Strategic BTC Reserve. The reporting suggested the alleged sale clashed with that mandate.

After DL News published its story, however, USMS directly denied that any such sale occurred, also criticizing the reporting process: [The USMS] has not sold the Bitcoin mentioned and it has no idea how Bitcoin Magazine would get that information. But they did not fact check nor contact us for information.”

Furthermore, the US Marshals told DL News that “USMS cryptocurrency liquidations go through a multi-level approval process to ensure only forfeited digital assets that meet the requirements of Section D of Executive Order 14233 are disposed.”

What sparked the confusion in the first place was a document described as an “Asset Liquidation Agreement” and an associated dollar figure—$6,367,139.69—tied to 57.5 BTC that were transferred on Nov. 3, 2025, in connection with the Samourai matter. Separately, on-chain tracking showed the same 57.5 BTC deposited to Coinbase Prime, a pattern that can be consistent with liquidation but “could not prove” a sale by itself.

In the Samourai case, federal authorities arrested developers Keonne Rodriguez and William Lonergan Hill in 2024, alleging the service operated as an unlicensed money transmitting business used by criminals. The report at issue centered on BTC that the developers paid to the Department of Justice as part of a guilty plea.

At press time, BTC traded at $89,915.

Bitcoin price chart
BTC price remains below the 0.618 Fib, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: BitcoinBuzzcourtDeniesdoconchainSellingUSMS
ShareTweetShare
Previous Post

2 top stock recommendations by Rahul Sharma

Next Post

Elbit expands US production with Sigma howitzer

Related Posts

edit post
Cardano development teams wants almost  million for Bitcoin DeFi and Vision 2030

Cardano development teams wants almost $50 million for Bitcoin DeFi and Vision 2030

by TheAdviserMagazine
April 23, 2026
0

Make CryptoSlate preferred on Input Output Global, the primary software laboratory behind the Cardano blockchain, has halved its annual treasury...

edit post
FCA Conducts First Coordinated Raids on Illegal P2P Crypto Trading in the UK

FCA Conducts First Coordinated Raids on Illegal P2P Crypto Trading in the UK

by TheAdviserMagazine
April 23, 2026
0

Deriv Review: Platforms, Products & Trading Conditions Explained | Finance Magnates Deriv Review: Platforms, Products & Trading Conditions Explained |...

edit post
DeFi Just Lost  Billion in Three Days. Something Deeper Than a Hack Is Behind It

DeFi Just Lost $15 Billion in Three Days. Something Deeper Than a Hack Is Behind It

by TheAdviserMagazine
April 23, 2026
0

DeFi is having one of its most difficult weeks in recent memory. What started as a single exploit on April...

edit post
Ontario Liberals Move to Ban iGaming Advertising Four Years After Privatization

Ontario Liberals Move to Ban iGaming Advertising Four Years After Privatization

by TheAdviserMagazine
April 23, 2026
0

Key Takeaways: Ontario Bill 107 would ban online gambling ads across TV, social media, and paid sponsorships. Fines reach C$1...

edit post
Polymarket Traders Profit K From Paris Weather Glitch

Polymarket Traders Profit $37K From Paris Weather Glitch

by TheAdviserMagazine
April 23, 2026
0

Two Polymarket accounts have attracted suspicion after making $37,000 betting correctly on two unusual temperature readings of a weather station...

edit post
Trump extends US-Iran ceasefire without new end date

Trump extends US-Iran ceasefire without new end date

by TheAdviserMagazine
April 22, 2026
0

US President Donald Trump has extended the US-Iran ceasefire, previously set to expire at midnight, without specifying a new end...

Next Post
edit post
Elbit expands US production with Sigma howitzer

Elbit expands US production with Sigma howitzer

edit post
What are tech exits doing to Israel’s economy?

What are tech exits doing to Israel's economy?

  • Trending
  • Comments
  • Latest
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Chicken Alfredo Pizza Recipe ( Family Dinner Idea)

Chicken Alfredo Pizza Recipe ($10 Family Dinner Idea)

0
edit post
Cardano development teams wants almost  million for Bitcoin DeFi and Vision 2030

Cardano development teams wants almost $50 million for Bitcoin DeFi and Vision 2030

0
edit post
I’m 66 and I sold the business I built over two decades for more money than I ever thought I’d see — and I spent the first week staring at my bank account trying to figure out why I didn’t feel anything, and I finally understood that the money was never the point, the building was the point, and once it was gone I had to meet the version of myself who wasn’t building something anymore

I’m 66 and I sold the business I built over two decades for more money than I ever thought I’d see — and I spent the first week staring at my bank account trying to figure out why I didn’t feel anything, and I finally understood that the money was never the point, the building was the point, and once it was gone I had to meet the version of myself who wasn’t building something anymore

0
edit post
Cathie Wood buys 0,000 of surging megacap stock

Cathie Wood buys $900,000 of surging megacap stock

0
edit post
Enterprise Content Moves From Tools To Systems: Adobe Summit Takeaways

Enterprise Content Moves From Tools To Systems: Adobe Summit Takeaways

0
edit post
Affluent investors are satisfied clients, but also open to pitches

Affluent investors are satisfied clients, but also open to pitches

0
edit post
Chicken Alfredo Pizza Recipe ( Family Dinner Idea)

Chicken Alfredo Pizza Recipe ($10 Family Dinner Idea)

April 23, 2026
edit post
Affluent investors are satisfied clients, but also open to pitches

Affluent investors are satisfied clients, but also open to pitches

April 23, 2026
edit post
New Jersey’s ,500 Check: The ‘Stay NJ’ Formula That’s Leaving Some Seniors With alt=

New Jersey’s $6,500 Check: The ‘Stay NJ’ Formula That’s Leaving Some Seniors With $0

April 23, 2026
edit post
Cardano development teams wants almost  million for Bitcoin DeFi and Vision 2030

Cardano development teams wants almost $50 million for Bitcoin DeFi and Vision 2030

April 23, 2026
edit post
Enterprise Content Moves From Tools To Systems: Adobe Summit Takeaways

Enterprise Content Moves From Tools To Systems: Adobe Summit Takeaways

April 23, 2026
edit post
I’m 66 and I sold the business I built over two decades for more money than I ever thought I’d see — and I spent the first week staring at my bank account trying to figure out why I didn’t feel anything, and I finally understood that the money was never the point, the building was the point, and once it was gone I had to meet the version of myself who wasn’t building something anymore

I’m 66 and I sold the business I built over two decades for more money than I ever thought I’d see — and I spent the first week staring at my bank account trying to figure out why I didn’t feel anything, and I finally understood that the money was never the point, the building was the point, and once it was gone I had to meet the version of myself who wasn’t building something anymore

April 23, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Chicken Alfredo Pizza Recipe ($10 Family Dinner Idea)
  • Affluent investors are satisfied clients, but also open to pitches
  • New Jersey’s $6,500 Check: The ‘Stay NJ’ Formula That’s Leaving Some Seniors With $0
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.