FREE MEETING: KEY TRENDS AND RISKS IN NFT GAMES– REGISTER

Crypto Cipherium
  • Home
  • News
    Gene Hackman Santa Fe house listed at .25M after legendary actor’s dying
    Business

    Gene Hackman Santa Fe house listed at $6.25M after legendary actor’s dying

    Try what's clicking on FoxBusiness.com. Gene Hackman and Betsy Arakawa Hackman's former…

    By Editor
    January 18, 2026
    Pentagon readies 1,500 troops for potential Minnesota deployment, US officers say
    Business
    Pentagon readies 1,500 troops for potential Minnesota deployment, US officers say
    Dubai business actual property gross sales surge 79.3 per cent to .2bn in 2025
    Business
    Dubai business actual property gross sales surge 79.3 per cent to $4.2bn in 2025
    Which OpenAI Associate Is a Higher Purchase for 2026?
    Business
    Which OpenAI Associate Is a Higher Purchase for 2026?
    MarketBeat Week in Overview – 01/12 – 01/16
    Market
    MarketBeat Week in Overview – 01/12 – 01/16
  • Stock Market
    Stock MarketShow More
    Lengthy-Time period Crypto Presale Constructions and Market Approaches in 2026
    Lengthy-Time period Crypto Presale Constructions and Market Approaches in 2026
    January 18, 2026
    Crypto’s Decentralization Falls Aside at Interoperability: Casper CTO
    Crypto’s Decentralization Falls Aside at Interoperability: Casper CTO
    January 18, 2026
    China’s Crude imports hit document excessive – Commerzbank
    China’s Crude imports hit document excessive – Commerzbank
    January 18, 2026
    Unlikely Supreme Court docket will overrule Trump tariffs
    Unlikely Supreme Court docket will overrule Trump tariffs
    January 18, 2026
    Google Play Drops Worldwide Crypto Change Apps In South Korea
    Google Play Drops Worldwide Crypto Change Apps In South Korea
    January 18, 2026
  • Blockchain
    BlockchainShow More
    CRV Worth Prediction: Targets alt=
    CRV Worth Prediction: Targets $0.55-$0.72 by February as Technical Momentum Builds
    January 18, 2026
    Bitcoin Worth Rises as Spot Bitcoin ETFs Entice .42B in Inflows
    Bitcoin Worth Rises as Spot Bitcoin ETFs Entice $1.42B in Inflows
    January 18, 2026
    INJ Worth Prediction: Targets .20 by February as Bulls Eye Key Breakout
    INJ Worth Prediction: Targets $6.20 by February as Bulls Eye Key Breakout
    January 18, 2026
    Cardano Whales Stack 210M ADA, Igniting  Restoration Hopes
    Cardano Whales Stack 210M ADA, Igniting $1 Restoration Hopes
    January 18, 2026
    ALGO Value Prediction: Targets alt=
    ALGO Value Prediction: Targets $0.16-$0.19 by February 2026
    January 18, 2026
  • Market Analysis
    Market Analysis
    Show More
    Top News
    MarketBeat Week in Overview – 01/12 – 01/16
    La-Z-Boy (LZB) Q2 Earnings and Revenues Prime Estimates
    November 19, 2025
    China’s tech giants transfer AI mannequin coaching abroad to entry Nvidia chips, FT studies
    China’s tech giants transfer AI mannequin coaching abroad to entry Nvidia chips, FT studies
    November 28, 2025
    MarketBeat Week in Overview – 01/12 – 01/16
    Walmart (WMT) Q3 Earnings and Revenues Prime Estimates
    November 20, 2025
    Latest News
    Gene Hackman Santa Fe house listed at $6.25M after legendary actor’s dying
    January 18, 2026
    Pentagon readies 1,500 troops for potential Minnesota deployment, US officers say
    January 18, 2026
    Dubai business actual property gross sales surge 79.3 per cent to $4.2bn in 2025
    January 18, 2026
    Which OpenAI Associate Is a Higher Purchase for 2026?
    January 18, 2026
Reading: Senator Lummis Warns DOJ Sale of 57 BTC Threatens U.S. Strategic Bitcoin Reserve
Share
Crypto CipheriumCrypto Cipherium
Font ResizerAa
Search
  • Home
  • News
    • NFT
    • Mining
  • Stock Market
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Blockchain
  • Market
    • Business
    • Money
Have an existing account? Sign In
Follow US
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
2025 © Crypto Cipherium. All Rights Reserved.
News

Senator Lummis Warns DOJ Sale of 57 BTC Threatens U.S. Strategic Bitcoin Reserve

Editor
Last updated: January 7, 2026 12:09 am
Editor
Published: January 7, 2026
Share
Senator Lummis Warns DOJ Sale of 57 BTC Threatens U.S. Strategic Bitcoin Reserve


Contents
  • Senator Lummis Questions Latest Authorities Bitcoin Sale 
  • US’ SBR Initiative 
  • A Violation of Trump’s Govt Order? 

Professional-crypto Senator Cynthia Lummis has raised contemporary issues over how the U.S. authorities is dealing with forfeited Bitcoin.

On Tuesday, Bitcoin Journal reported that the Division of Justice (DOJ) might have bought Bitcoins linked to the Samourai Pockets case. In keeping with the report, the U.S. Marshals Service (USMS) offloaded roughly $6.3 million value of Bitcoin on behalf of the DOJ.

For context, Samourai Pockets builders William Lonergan Hill and Keonne Rodriguez forfeited roughly 57.55 BTC to the federal government as a part of a plea settlement reached in November 2025. Reasonably than holding the property in authorities custody, authorities routed the Bitcoin on to a Coinbase Prime deal with.

Sometimes, transfers to exchange-linked addresses sign an imminent sale. In keeping with this assumption, on-chain knowledge from Arkham exhibits that the Coinbase Prime deal with at the moment holds a zero stability, indicating that the Bitcoin was bought nearly instantly after the switch.

Senator Lummis Questions Latest Authorities Bitcoin Sale 

The event sparked issues amongst Bitcoin proponents, with Senator Lummis questioning why federal businesses proceed to promote BTC in violation of President Donald Trump’s directive. 

Notably, the U.S. President signed an government order final 12 months directing that forfeited BTC be retained as a part of the U.S. Strategic Bitcoin Reserve (SBR). Following experiences of gross sales, Senator Lummis warned that the U.S. dangers undermining its long-term strategic place by squandering its forfeited Bitcoins, whereas different international locations are actively accumulating the asset.

US’ SBR Initiative 

Earlier than the election, Trump disclosed plans to create a Strategic Bitcoin Reserve for the USA. Notably, Lummis additionally supported this plan by drafting a invoice that requires the federal government to carry 1 million BTC for not less than 20 years. 

Following Trump’s inauguration, he signed an government order to arrange a Bitcoin reserve that won’t value taxpayers a dime. The directive stipulated that the reserve might be funded with property forfeited by way of felony or civil proceedings. 

A Violation of Trump’s Govt Order? 

Nevertheless, the reported sale of Samourai Pockets’s forfeited BTC might have violated the chief order. The report cited feedback from a authorized analyst who emphasised that neither the forfeiture statutes beneath 18 U.S.C. § 982 nor associated provisions require forfeited property to be transformed into money. As an alternative, the regulation permits the federal government to carry property in variety, aligning with the chief order’s intent to deal with Bitcoin as a strategic reserve asset moderately than a legal responsibility to be disposed of. 

In the meantime, regardless of the DOJ’s reported sale, the U.S. authorities nonetheless holds a considerable quantity of BTC. In keeping with Arkham, the federal government has round 328,372 BTC, valued at roughly $30.8 billion. 

US authorities Bitcoin Holdings

DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article might embrace the writer’s private opinions and don’t replicate The Crypto Primary opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Primary will not be accountable for any monetary losses.

Will XRP Worth Rally to $3 After Bitwise Launches First XRP ETF on NYSE?
Charles Hoskinson Shares the Way forward for Cardano by 2030
Ethereum Close to $4,275, BlockDAG GENESIS Day Redefines Crypto
XRPL Developer Shares Tips on how to Make 10,000 XRP If You Are Priced Out of Shopping for 10,000 XRP
5 Main Platforms Delivering BTC

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Bitcoin Quick Positions Unwind as Market Consideration Regularly Shifts Towards Altcoins Bitcoin Quick Positions Unwind as Market Consideration Regularly Shifts Towards Altcoins
Next Article Dubai RTA launches 4 new bus routes and upgrades 70 companies from January 9 Dubai RTA launches 4 new bus routes and upgrades 70 companies from January 9
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Popular News
Success Story: Charles Tyler’s Studying Journey with 101 Blockchains
Success Story: Charles Tyler’s Studying Journey with 101 Blockchains
Key Advantages, Use Circumstances, And Developments
Key Advantages, Use Circumstances, And Developments
The Innovation Hub Playbook: Constructing a Digital Ecosystem for the Recent Meals Chain
The Innovation Hub Playbook: Constructing a Digital Ecosystem for the Recent Meals Chain

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook X-twitter Youtube
Crypto Cipherium

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Topics

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
Reading: Senator Lummis Warns DOJ Sale of 57 BTC Threatens U.S. Strategic Bitcoin Reserve
Share
2025 © Crypto Cipherium. All Rights Reserved.
  • bitcoinBitcoin(BTC)$95,303.00-0.11%
  • ethereumEthereum(ETH)$3,356.801.19%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$951.42-0.17%
  • rippleXRP(XRP)$2.06-0.73%
  • solanaSolana(SOL)$142.45-1.19%
  • usd-coinUSDC(USDC)$1.00-0.92%
  • tronTRON(TRX)$0.3198711.14%
  • staked-etherLido Staked Ether(STETH)$3,358.441.24%
  • dogecoinDogecoin(DOGE)$0.137439-0.86%
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?