The US government confirms that the Samourai wallet's seized Bitcoin will be held as strategic reserves and will not be liquidated.

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【BlockBeats】Important news came on January 17: Patrick Witt, Executive Director of the U.S. President’s Digital Asset Advisory Committee, confirmed in a public statement that the digital assets seized from Samourai Wallet will not be liquidated and will be retained as part of the government’s strategic Bitcoin reserve.

This official statement alleviated earlier market concerns. Previously, Bitcoin Magazine reported that the U.S. Marshals had sold over $6 million worth of Bitcoin. These Bitcoins originated from guilty pleas by Samourai developers William Lonergan Hill and Keonne Rodriguez and were transferred to a custody address of a major exchange, sparking speculation about a sale.

It should be noted that such operations would directly violate the executive order signed by the U.S. President in March this year to establish a strategic Bitcoin reserve. Witt explicitly stated in his response: “According to Executive Order No. 14233, these seized assets have not been liquidated and will not be liquidated.”

This statement sends a clear signal to the market—the government’s stance is stable, and there is no risk of large-scale sell-offs. As the policy for the strategic reserve is clarified and advanced, the policy environment for Bitcoin is gradually taking shape.

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MetaverseHobovip
· 3h ago
As expected from the United States, they confiscate and still keep it as strategic reserves. This move is truly brilliant.
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TrustMeBrovip
· 3h ago
Damn, is the government going to hold Bitcoin now? Looks like they're really optimistic about it.
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CoffeeNFTsvip
· 3h ago
Huh? The government is holding Bitcoin as strategic reserves? This change is really quick, they were selling it before.
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PanicSellervip
· 3h ago
Haha, I said early on that there wouldn't be a market crash. It's just that the government is starting to accumulate coins.
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