Cynthia Lummis 'Deeply Concerned' After Report Points Toward $6 Million Bitcoin Sale By Justice Department — But Did It Really Happen?
Yahoo Finance·2026-01-08 12:01

Core Viewpoint - The U.S. government is reportedly selling Bitcoin, raising concerns about the contradiction with a directive to preserve these assets for a Strategic Bitcoin Reserve [1][2][3]. Group 1: Government Actions - Senator Cynthia Lummis expressed concern over the Department of Justice's sale of Bitcoin seized from Samourai Wallet developers, questioning the rationale behind this action despite a presidential directive [2][3]. - The U.S. Marshall Service may have sold approximately $6.3 million in Bitcoin forfeited from the Samourai co-founders [3][4]. Group 2: Strategic Bitcoin Reserve - The U.S. government currently holds 328,372 BTC, valued at over $30 billion, as part of a National Bitcoin Reserve established by a previous executive order [5]. - The executive order includes provisions for developing budget-neutral strategies to acquire additional Bitcoin [5].

Cynthia Lummis 'Deeply Concerned' After Report Points Toward $6 Million Bitcoin Sale By Justice Department — But Did It Really Happen? - Reportify