tldr; Reports suggest the U.S. Marshals Service, under the DOJ, transferred 57.55 Bitcoin forfeited by Samourai Wallet co-founders to Coinbase Prime custody. While blockchain data shows internal Coinbase movements, there is no conclusive evidence of a sale. This raises questions about compliance with Executive Order 14233, which mandates retaining forfeited Bitcoin in the U.S. Strategic Bitcoin Reserve. Critics, including Senator Cynthia Lummis, have expressed concerns about potential violations and the broader handling of crypto by the Southern District of New York.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Sleepergiant2586 on
57 BTC, Oh wow, this peanut will definitely shake the market.
8512764EA on
Omg true if huge
Creative_Visit122 on
Cheese and crackers!!
booyakasha_wagwaan on
The DoJ/Treasury uses Coinbase custodial services for their seized digital assets.
Fear_Blind83 on
Moved to Coinbase Prime for custodial purposes, a nothing burger…
evnsbn on
When moon lambo
lol
Sinistarr_1 on
Who cares. There 21 million and you worry about 57 lol
Every_Hunt_160 on
But why only 57 BTC tho?
BanksLoveMe_ on
lol someone is tipping themselves 57BTC
No-Tea-592 on
more market manipulation? This cause cause the BTC price to plummet
Oograr on
Moving to my bunker asap
fan_of_hakiksexydays on
Don’t give bears false hope like this. That’s just mean.
Visual_Locksmith3337 on
Sell the rumor; buy the news.
StaticAutomatic202 on
That won’t even make a dent in the chart so go ahead pls
hulkwolf on
Makes no diff if it’s 1btc or 10k btc
It goes against their position of keeping them and send a message to everyone that it’s not worth holding
Tiny_Honey_635 on
Even if the DOJ did sell that much btc, 57.55 isn’t systemic it’s noise in the context of total supply and exchange flows, polymarket probabilities on larger downward moves barely budge on rumors like this because the market knows rumor and execution are different things
potatoMan8111 on
For ether!
WildKarrdesEmporium on
Gotta pay for those new X5 security vehicles somehow.
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tldr; Reports suggest the U.S. Marshals Service, under the DOJ, transferred 57.55 Bitcoin forfeited by Samourai Wallet co-founders to Coinbase Prime custody. While blockchain data shows internal Coinbase movements, there is no conclusive evidence of a sale. This raises questions about compliance with Executive Order 14233, which mandates retaining forfeited Bitcoin in the U.S. Strategic Bitcoin Reserve. Critics, including Senator Cynthia Lummis, have expressed concerns about potential violations and the broader handling of crypto by the Southern District of New York.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
57 BTC, Oh wow, this peanut will definitely shake the market.
Omg true if huge
Cheese and crackers!!
The DoJ/Treasury uses Coinbase custodial services for their seized digital assets.
Moved to Coinbase Prime for custodial purposes, a nothing burger…
When moon lambo
lol
Who cares. There 21 million and you worry about 57 lol
But why only 57 BTC tho?
lol someone is tipping themselves 57BTC
more market manipulation? This cause cause the BTC price to plummet
Moving to my bunker asap
Don’t give bears false hope like this. That’s just mean.
Sell the rumor; buy the news.
That won’t even make a dent in the chart so go ahead pls
Makes no diff if it’s 1btc or 10k btc
It goes against their position of keeping them and send a message to everyone that it’s not worth holding
Even if the DOJ did sell that much btc, 57.55 isn’t systemic it’s noise in the context of total supply and exchange flows, polymarket probabilities on larger downward moves barely budge on rumors like this because the market knows rumor and execution are different things
For ether!
Gotta pay for those new X5 security vehicles somehow.