U.S. Senator Cynthia Lummis questioned the legitimacy of the U.S. government's continued sale of Bitcoin, while Trump has clearly instructed to use these assets to establish a strategic Bitcoin reserve for the United States
Jan 06, 2026 10:04:02
U.S. Senator Cynthia Lummis posted, "Why is the U.S. government still selling Bitcoin, while Trump has clearly indicated that these assets should be retained to establish a strategic Bitcoin reserve for the United States? While other countries are continuously increasing their Bitcoin holdings, we are squandering these strategic assets, which we cannot afford. I am deeply concerned about this report."
Previously reported, the U.S. Department of Justice instructed the Marshals Service to sell 57.55 Bitcoins, worth approximately $6.367 million, that were paid as part of a plea agreement by the developer of Samourai Wallet through Coinbase Prime, potentially violating Executive Order 14233 signed by President Trump. This order requires that Bitcoins obtained through criminal forfeiture be included in the "national strategic Bitcoin reserve" and not be sold. Currently, the balance of that Bitcoin address is zero, indicating that the related assets may have been liquidated.
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