#美司法部抛售比特币 In the eyes of cryptocurrency supporters, Trump's return to the White House marks the beginning of a golden age for crypto. Trump’s re-entry into the White House vows to include Bitcoin in the national strategic reserve; the Deputy Attorney General issues a memo calling for a halt to the "witch hunt" against non-custodial crypto tools. However, beneath this seemingly calm surface, a covert battle over "who is the real decision-maker" is quietly erupting between the SDNY (Southern District of New York) and Washington.



Recently, a leaked asset liquidation document struck like a deep-water bomb, piercing the shield of the Trump administration’s "Bitcoin strategic reserve"—the USMS (United States Marshals Service), under the instruction of the New York prosecutors, quietly sold Bitcoin confiscated from the developer of Samourai Wallet. This was not merely an asset liquidation but a blatant "slap in the face" to Executive Order No. 14233 signed by Trump on March 6, 2025.

Disappeared 57.55 Bitcoins
The story begins with an unpublicized "Asset Liquidation Agreement." Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill agreed in their plea deals to forfeit approximately $6.3 million worth of Bitcoin. According to on-chain tracking by Arkham Intel, about 57.55 BTC was transferred out of the related address on November 3, 2025. Instead of being sent into the newly established "U.S. Strategic Bitcoin Reserve (SBR)" vault as expected, the coins were directly transferred to a Cb Prime address. Subsequently, the balance was zeroed out. This means: they sold it.

To most, this appears to be a routine judicial procedure. But in the political context of 2026, this move is highly provocative. Because, according to Executive Order No. 14233 signed by Trump, Bitcoin obtained through criminal or civil forfeiture procedures is explicitly defined as "Government Bitcoin." The president’s order states clearly: "Not to be sold," and must be held as part of the national strategic reserve.

Declaration of the "New York Sovereign District"
Why can these Bitcoins still be sold under the presidential order?
This must be linked to the so-called "New York Sovereign District"—the SDNY (Southern District of New York).

SDNY is an extremely unique entity within the U.S. judicial system. Although nominally under the Department of Justice, it is known for its "independent, tough, and even rebellious" style of operation. This sale seems to send a signal: Washington’s orders are Washington’s, and Manhattan’s rules are Manhattan’s.

SDNY even ignored a memo issued by Deputy Attorney General Todd Blanche on April 7, 2025. The memo explicitly states that "the Department of Justice will no longer prosecute virtual currency exchanges, mixing services, or end-users of non-custodial wallets."

However, SDNY not only continues to pursue litigation against Samourai but also remains fixated on the case of Tornado Cash developer Roman Storm. Even when senior officials from FinCEN (Financial Crimes Enforcement Network) hinted that Samourai’s non-custodial nature does not qualify as a remittance service, SDNY persisted.

The Gray Areas of Law and the Arrogance of Power
If SDNY wants to justify their actions, they can indeed find loopholes in the law. According to legal sources, the basis for forfeiture is Title 18, Section 982(a)(1) of the U.S. Code. While the law stipulates that property forfeited becomes U.S. property, it does not explicitly mandate that it must be "liquidated."

This is the core contradiction: the law grants prosecutors discretion, but executive orders impose restrictions.

SDNY chose to exercise that discretion by converting Bitcoin into dollars. Technically, this might be considered "legitimate inertia," but politically, it is a direct negation of the administrative intent. They did not show leniency because these assets are "strategic," but rather seemed eager to handle some "taboo assets," cleaning them before they enter the treasury.

Uncertain Outcome: The Next Move in the President’s Chess Game
This incident puts Trump in an awkward position. On one hand, he is considering pardoning Samourai’s developer Rodriguez to demonstrate support for non-custodial crypto technology; on the other hand, his subordinate agencies are selling what should be the nation’s Bitcoin reserves right under his nose. If Trump truly pardons Rodriguez and orders an investigation into this sale, it would be a direct confrontation between executive power and the judicial bureaucracy.

"Is the Bitcoin war really over?" This is the question on every crypto supporter’s mind.

Although the White House has changed hands, within the vast federal machinery, in this complex network called the "deep state," hostility toward cryptocurrencies has not dissipated.

The SDNY’s sale was not just 57.55 BTC; they sold the market’s confidence in "policy consistency."

This event serves as a warning: on the road to establishing Bitcoin as a national reserve, the biggest obstacle may not be market volatility but resistance and division within the power structures. For Trump, to truly establish a Bitcoin strategic reserve, he might first need to deal with this group of "outside the law, unbound prosecutors."
BTC-0.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)