Overview
- An Asset Liquidation Agreement shows Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill forfeited 57.55353033 BTC, with the transfer executed on November 3, 2025 to a Coinbase Prime address.
- On-chain data attributed by Arkham indicates the Coinbase address now holds zero BTC, suggesting the assets were sold, while the Justice Department and U.S. Marshals Service have not confirmed the disposition.
- Executive Order 14233 classifies forfeited Bitcoin as government assets that should not be sold, and legal analysts cited in coverage say no apparent exception applies in this case.
- Senator Cynthia Lummis said she is deeply concerned and questioned why the government would liquidate coins directed to the Strategic Bitcoin Reserve.
- A White House digital assets adviser said the administration is reviewing compliance with the order, adding pressure for transparency around DOJ and U.S. Marshals practices.