News BTC
Published on 2026-01-16 | 2 hours ago

Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor

Recent allegations regarding the Bitcoin (BTC) sale by the US Marshal Service (USMS) — operating under the Department of Justice (DOJ) — have been addressed by White House crypto advisor Patrick Witt, who confirmed that the digital assets forfeited by Samourai Wallet and its founders have not been liquidated. DOJ Confirms Samourai Bitcoin Will Not Be Sold In a post on social media platform X (formerly Twitter), Witt clarified that the DOJ has verified that the digital assets taken from the Samourai Wallet will not be sold, in accordance with Executive Order 14233. He emphasized that these assets will remain on the government’s balance sheet as part of the Strategic Bitcoin Reserve. Earlier in the month, speculations suggested that the USMS, following directives from the DOJ, had sold approximately 57.55 Bitcoin forfeited in the Samourai Wallet case through Coinbase Prime on November 3, 2025.  The lack of confirmation until now had led experts to assert that such actions would violate EO 14233, signed by President Donald Trump. This order mandates that Bitcoin obtained through criminal or civil forfeiture be retained and added to the US Strategic Bitcoin Reserve, rather than being sold off. The Bitcoin in question is valued at almost $6.4 million and was seized from the creators of Samourai Wallet. According to US authorities, the cryptocurrency mixer facilitated over $237 million worth of illicit transactions.  Samourai Wallet’s Co-Founders Face Justice The DOJ had announced in November the sentencing of Keonne Rodriguez and William Lonergan Hill, the co-founders of Samourai Wallet.  Rodriguez, the company’s CEO, and Hill, its Chief Technology Officer, were implicated in a conspiracy involving the operation of a money transmitting business that “knowingly” transmitted proceeds from criminal activities.  The criminal proceeds laundered through their platform originated from various illegal activities, including drug trafficking, darknet marketplace operations, cyber intrusions, fraud, murder-for-hire schemes, and even a child pornography website. Rodriguez received a five-year prison sentence, while Hill was sentenced to four years. At the time of writing, Bitcoin is trading at $95,300, marking an almost 6% increase over the past seven days. However, it is still unable to regain the key $100,000 level, which has eluded the cryptocurrency since November last year.  Featured image from DALL-E, chart from TradingView.com 

Read full article on NEWS BTC

Latest News View more

BITCOIN.COM | Published on 2026-01-16 | 12 mins ago
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
1
CRYPTONEWS | Published on 2026-01-16 | 18 mins ago
Bullish
40%

Bullish
Neutral
59%

Neutral
Bearish
1%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
2
NEWS BTC | Published on 2026-01-16 | 21 mins ago
Bullish
90%

Bullish
Neutral
9%

Neutral
Bearish
0%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
3
NEWS BTC | Published on 2026-01-16 | 21 mins ago
LIVE BITCOIN NEWS | Published on 2026-01-16 | 22 mins ago
Bullish
9%

Bullish
Neutral
90%

Neutral
Bearish
2%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
4
CRYPTONEWS | Published on 2026-01-16 | 37 mins ago
Bullish
2%

Bullish
Neutral
47%

Neutral
Bearish
52%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
5
CRYPTONEWS | Published on 2026-01-16 | 47 mins ago
Bullish
82%

Bullish
Neutral
17%

Neutral
Bearish
0%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
6
CRYPTONEWS | Published on 2026-01-16 | 47 mins ago
Top 10 Performance
SOL +1.89% News
BNB +0.59% News
USDC +0.18% News
USDT -0.02% News
BTC -0.14% News
TRX -0.19% News
XRP -0.36% News
ETH -0.48% News
STETH -0.53% News
DOGE -1.49% News
View more