USMS Sells $6.3M Bitcoin, Raising Strategic Reserve Concerns
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Bitcoin Sale Controversy: The US Marshals Service (USMS) liquidated $6.3 million worth of bitcoin, potentially violating Executive Order 14233, which mandates that bitcoin acquired through criminal forfeiture be added to the Strategic Bitcoin Reserve, highlighting compliance issues in digital asset management.
- Legal Framework Issues: Rodriguez and Hill forfeited the bitcoin under 18 U.S. Code § 982(a)(1) for operating an unlicensed money transmitting business, yet the statutes do not require liquidation of forfeited assets, suggesting USMS's management of bitcoin as a strategic asset remains immature.
- SDNY's Unilateral Actions: The Southern District of New York (SDNY) has faced criticism for ignoring federal guidance, and this bitcoin sale fits its historical pattern of prioritizing enforcement over strategic asset management in cryptocurrency cases, raising further questions about its enforcement culture.
- Political Implications: President Trump's potential pardon for Rodriguez and DOJ review of the bitcoin sale could signal a more pro-Bitcoin stance from the government, influencing future policy directions regarding cryptocurrency.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






