Overview
- An Asset Liquidation Agreement dated November 3, 2025 shows Keonne Rodriguez and William Lonergan Hill transferred 57.55353033 BTC, valued at about $6.3 million, to satisfy forfeiture in the Samourai Wallet case.
- Reporting cites on-chain movement from address bc1q4pntkz06z7xxvdcers09cyjqz5gf8ut4pua22r to a Coinbase Prime address attributed by Arkham Intel that now has a zero balance, suggesting the bitcoin was liquidated.
- Executive Order 14233 directs that bitcoin obtained through criminal forfeiture be retained for the Strategic Bitcoin Reserve and not sold except under narrow exceptions requiring attorney general involvement, which have not been reported here.
- The case heightens existing friction as SDNY pursued noncustodial crypto prosecutions despite a 2025 DOJ memo from Deputy Attorney General Todd Blanche advising against targeting such services.
- President Trump has said he is considering a pardon for Rodriguez, while the DOJ and U.S. Marshals Service have not publicly confirmed a sale or explained the disposition of the assets.