Summary
- Senator Cynthia Lummis has requested information on the US Marshals Service's plans to sell seized Bitcoin.
- She stated that this contradicts the future administration's policy of establishing a Bitcoin reserve.
- She argued that it could lead to an unrealized value loss of over $18.5 billion for US taxpayers.
Senator Cynthia Lummis has requested additional information from the US Marshals Service regarding their plans to sell seized Bitcoin (BTC).
According to a report by Politico on the 16th (local time), Cynthia Lummis stated, "The US Marshals Service's Bitcoin sale plans announced to the presidential transition team directly contradict the public policy goals concerning the establishment of a Bitcoin reserve by the incoming administration. This could result in an unrealized value loss of over $18.5 billion for US taxpayers."
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